CBOE files with SEC for six bitcoin ETFs
CBOE Global Markets has applied to list six bitcoin exchange-traded funds (ETFs) with the Securities and Exchange Commission (SEC). The move comes following the exchange's launch of futures contracts focused on the cryptocurrency. The ETFs are managed by First Trust Advisors, REX ETFs and GraniteShares. Bitcoin dropped below $11,000 for a short time on Friday, marking a 44% drop from its high at the start of last week. 

A computer screen at the Cboe Global Markets exchange (previously referred to as CBOE Holdings, Inc.) shows Bitcoin cash and futures prices on December 19, 2017 in Chicago, Illinois.

Cboe Global Markets has applied with the SEC to list six bitcoin-related exchange-traded funds as the company bets further on the emerging new asset class.

Earlier this month, Cboe jumped ahead of rival exchange CME Group to launch bitcoin futures first.

Here are the six funds:

First Trust Bitcoin Strategy ETF

First Trust Inverse Bitcoin Strategy ETF

REX Bitcoin Strategy ETF

REX Short Bitcoin Strategy ETF

GraniteShares Bitcoin ETF

GraniteShares Short Bitcoin ETF

The exchange-traded funds would allow traders to bet on how the volatile cryptocurrency futures contracts will perform. Cboe filed to list all six funds with the SEC within the past week.

Bitcoin itself has had a rough end to the week. The digital currency briefly sank below $11,000 Friday, down 44 percent from a record high at the start of the week.

"Given the success of the launch of our bitcoin futures, several partners are very interested in moving forward with the development of an exchange-traded product," a Cboe spokesperson told CNBC.

According to the First Trust filing, the fund "intends to invest primarily in Bitcoin Futures Contracts, [though] it may also invest in other Listed Bitcoin Derivatives, OTC Bitcoin Derivatives, U.S. exchange-listed ETPs, and Non-U.S. Component Stocks (collectively, 'Bitcoin Instruments')."

REX ETFs will place a majority of its assets in bitcoin derivatives and cash, but may also invest in U.S. exchange-listed ETPs. The GraniteShares ETFs would follow suit.

The filings by Cboe Global Markets come on the heels of a filing by the NYSE to list two bitcoin ETFs as exchanges compete to get ahead in the cryptocurrency space.

— CNBC's Evelyn Cheng contributed to this report.