SEC Delays Decision on NYSE Proposal for Spot Bitcoin ETF Options Trading

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SEC Delays Decision on NYSE Proposal for Spot Bitcoin ETF Options Trading
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The United States Securities and Exchange Commission has postponed its decision on the New York Stock Exchange’s proposal to introduce option trading on spot Bitcoin exchange-traded funds .

The rule change proposal was submitted to the SEC in February 2024, after which it was opened for public feedback. The proposal would allow trading options on certain Bitcoin ETFs by changing Rule 915. The same delay decision for Grayscale and Bitwise was given for Nasdaq’s request for options trading on BlackRock’s iShares Bitcoin Trust last month.

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