Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner

If accepted, the fund would grant buyers “exposure to bitcoin with important protections that are not always available to investors that invest directly in bitcoin,” attorneys mentioned within the submitting. Global X’s spot-bitcoin purposes marks the ninth lively spot-bitcoin software filed with U.S. regulators, along with a petition by Grayscale to enchantment the SEC’s rejection of its proposed spot-bitcoin ETF conversion (Grayscale is a subsidiary of CoinDesk dad or mum firm Digital Foreign money Group).