The CFTC has announced it no longer has a role in the clearing of spot Bitcoin ETF options, paving the way for their imminent listing. This follows the SEC's approval of applications from the NYSE and CBOE to list these options. ETF analysts are optimistic, with Eric Balchunas noting the ball is now in the Options Clearing Corporation's court. The OCC will handle the clearing and settlement as the sole issuer of all equity options. This marks a significant step forward for spot Bitcoin ETFs, with further updates expected soon.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.