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Fear & Greed:
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Bitcoin:
$ 94.993
BTC Dominance:
% 55.8
Market Cap:
$3.44 T

SEC Grants NYSE, Cboe Options Trading for Multiple Spot Bitcoin ETFs

Bitcoin 1

The U.S. Securities and Exchange Commission (SEC) has granted expedited approval to the New York Stock Exchange (NYSE) and Cboe Exchange, Inc. to list and trade options for multiple spot Bitcoin exchange-traded funds (ETFs).

SEC Approved Multiple Bitcoin Spot ETF Trading Approvals

The SEC has granted options trading approval for funds including Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin Fund, Grayscale Bitcoin Trust, Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, iShares Bitcoin Trust ETF, and Valkyrie Bitcoin Fund, the NYSE said in a filing.

Similarly, the SEC has granted expedited approval to Cboe to list and trade similar products. Cboe will also open options trading for Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF and many other Bitcoin ETFs.

The SEC said these approvals are in line with laws that protect exchanges from manipulative actions, strengthen free and open market mechanisms and protect investors’ interests.

Might interest you: What is BabyDoge?

These approvals follow the SEC’s January approvals of spot Bitcoin ETFs. The SEC approved options for the iShares Bitcoin Trust on the Nasdaq ISE in September. Bloomberg’s senior ETF analyst Eric Balchunas said the development was not surprising, but the SEC was a major hurdle.

Balchunas added that he had heard that the rest of this process was progressing positively, but that a clear timeline for the listing was not yet clear.


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