In contrast to publicly disclosed Bitcoin ETF filings, an Information-Sharing Agreement obliges a cryptocurrency exchange to provide trading data, including personal details like a customer's name and address.
One portfolio manager suggested that Bitcoin's bullish momentum is unlikely to persist as fiat liquidity measures continue to decline.
Nasdaq has resubmitted its application to list a bitcoin ETF managed by BlackRock, responding to the recent report from the SEC which criticized previous proposals as 'inadequate' due to their failure to specify the underlying market's name in surveillance-sharing agreements.
The SEC instructed Cboe to announce its partner earlier on Friday.