The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two for consideration in September and November, the exchange officially withdrew its proposal on January 26. Bloomberg Intelligence ETF analyst James Seyffart commented on the withdrawal, stating that it was not surprising, given prior indications. This is not surprising because we have known the Global X ETFs’ Bitcoin ETF was no longer in contention since at least early December. As of December 2023,. Global X had approximately $51 billion in assets under management in its ETFs worldwide.
Source: Wayne Jones, 2024-02-01; https://cryptopotato.com/cboe-bzx-withdraws-application-for-global-x-bitcoin-etf-listing/