Both Nasdaq and NYSE have decided to halt their plans for Bitcoin ETF options, disappointing investors seeking easier cryptocurrency trading. The withdrawal of applications for listing and trading Bitcoin ETF-based options by these exchanges has sparked a debate within the crypto community. Regulatory hurdles have long been a challenge for crypto innovation, with spot Bitcoin ETFs taking nearly a decade to gain approval. The recent actions by Nasdaq and NYSE highlight the complexities involved in introducing options trading. Despite initial expectations of options trading by 2024, recent events suggest otherwise. Analysts remain optimistic, but the cautious market response indicates growing risk aversion among exchanges in an evolving regulatory landscape. The uncertainty surrounding options trading could impact Bitcoin's price dynamics. While some believe the SEC is waiting for market stability before introducing new products, others anticipate a clearer regulatory framework by 2025. Read more AI-generated news on: https://app.chaingpt.org/news