🚨 Bitcoin ETF Options Update 🚨

- CBOE Moves: The CBOE recently withdrew their application for options on spot Bitcoin ETFs. 📉 But don’t worry! They’ve refiled with an updated application. 📄🔄

- Exchange Withdrawals: Since the initial tweet, three other exchanges have also withdrawn their applications to list spot Bitcoin ETF options. 🤔📉

- Key Players: The major exchange filings to focus on are Nasdaq, NYSE, and CBOE. These are the ones that will significantly impact the Bitcoin ETF options landscape. 📈

- Timeline: We’re anticipating Bitcoin ETF options might roll out in Q4 2024. 📅 The final SEC decision deadline is around September 21, but there are more steps involving the OCC and CFTC after that. 🗓️🕒

- Current ETFs: There are already Bitcoin and Ethereum-related ETFs, including leveraged ones, with options available. 🪙💹

- Expectations: While Q4 seems reasonable, it's worth noting that regulatory processes often take longer. The second half of 2024 remains a broader window for potential developments. ⏳

Stay tuned for more updates and keep an eye on the major exchange filings! 📊🔍