😳The Securities and Exchange Commission (SEC) has approved options trading on a spot Bitcoin ETF.
🔥Trading is now possible on the New York Stock Exchange.
ℹ️The New York Stock Exchange filed for Bitcoin ETF options on August 14 last summer, seeking to add crypto funds to its offerings. The SEC was slow to approve the application, as the regulator is tied to numerous cases and situations involving the cryptocurrency. The regulator was also slow to approve the launch of a spot Bitcoin ETF earlier this year, indicating a lack of confidence in the crypto asset as a serious means of currency. ℹ️Now, several banks and asset managers have added ETFs to their offerings, and investors on Wall Street can take advantage of the growing Bitcoin market.
