On Oct. 18, the United States Securities and Exchange Commission (SEC) approved the New York Stock Exchange’s application to list the long-anticipated options for spot Bitcoin exchange-traded funds (ETFs).
Options trading will now be available for the 11 approved ETF providers, including Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, the Invesco Galaxy Bitcoin ETF, the Franklin Bitcoin ETF, the VanEck Bitcoin Trust, WisdomTree’s Bitcoin Fund, Grayscale’s Bitcoin Trust, the Grayscale Bitcoin Mini Trust, the Bitwise Bitcoin ETF, BlackRock's iShares Bitcoin Trust ETF, and the Valkyrie Bitcoin Fund.
Source: Securities and Exchange Commission
The Chicago Board Options Exchange filed an application to list options for the spot Bitcoin ETF providers in August 2024 through a proposed rule change. This change in regulatory policy would put the Bitcoin ETF options in the same category as other commodity-based ETFs that track the price of precious metals.
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