Speculation that Cboe Global Markets Inc.’s proposal may win a green light had filtered through crypto internet sites in previous days as Bitcoin rallied to within 2.5% of its one-year intraday high of $8,594. The SEC on Monday asked for additional comments on Cboe’s plan to list an ETF from VanEck Associates Corp. and SolidX Partners Inc. The delay does not “indicate that the Commission has reached any conclusions with respect to any of the issues involved,” the regulator said. “The approval of an ETF would obviously be a huge thing for the crypto community,” said Dáire Ferguson, chief executive officer of Irish online currency platform AvaTrade Ltd. “There is optimism in the market due to the recent bull run, and that optimism seems to spill over the SEC delays and negate any negative views of hopeful investors.
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