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SEC Approves Options Trading on Spot Bitcoin ETFs Including Grayscale and Fidelity

44 posts • OpenAI (o1)

Updated Oct 19, 2024, 05:41 AM

The U.S. Securities and Exchange Commission (SEC) has approved the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list options for spot Bitcoin exchange-traded funds (ETFs), following earlier approval for the Nasdaq Exchange. This decision allows options trading on multiple spot Bitcoin ETFs, including the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and funds offered by major firms such as Fidelity, ARK Invest, Invesco Galaxy, VanEck, Bitwise, and BlackRock. The move is expected to boost liquidity, enhance market confidence, and provide investors with additional strategies for exposure to Bitcoin within traditional financial markets, marking another step toward the further financialization of Bitcoin and the crypto asset class.

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#SEC #New York Stock Exchange #NYSE #Chicago Board Options Exchange #CBOE #Bitcoin #Nasdaq Exchange #Grayscale Bitcoin Trust #GBTC #Grayscale Bitcoin Mini Trust #BTC #Fidelity #ARK Invest #Invesco Galaxy #VanEck #Bitwise #BlackRock

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Mario Nawfal’s Roundtable

@RoundtableSpace

BITCOIN OPTIONS ETFs JUST GOT A GREENLIGHT The SEC just gave the nod to Bitcoin options ETFs on NYSE & CBOE. A liquidity boost will be incoming for the 11 heavyweights like ARK, BlackRock, and Grayscale. Options trading will be hectic with short squeezes and leverage plays… https://t.co/wJZN6FtWkT

Crypto Town Hall

@Crypto_TownHall

SEC APPROVES BITCOIN OPTIONS ETFs - MARKET GAMECHANGER? This SEC approval for Bitcoin options ETFs on NYSE & CBOE is a significant step. More liquidity means stronger price action, but also greater market efficiency. Options allow for smarter hedging - critical in a market as… https://t.co/t2JDlZ8TQS

CryptoMutant

@CryptoMutant

The SEC has approved options trading on Bitcoin ETFs listed on both the New York Stock Exchange and the Chicago Board Options Exchange. https://t.co/jkPekH7DKJ

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8 months ago•Latest version

SEC Approves Options Trading on Spot Bitcoin ETFs Including Grayscale and Fidelity

8 months ago•Original version

SEC Approves NYSE and CBOE Options Trading for Multiple Spot Bitcoin ETFs

SEC Approves Options Trading on Spot Bitcoin ETFs Including Grayscale and Fidelity

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