The US Securities and Exchange Commission (SEC) has approved the rule change to allow two top exchanges to trade options on spot Bitcoin ETF products.

As stated in a filing on Friday, the Wall Street securities watchdog gave accelerated regulatory approval to the New York Stock Exchange (NYSE). Notably, the NYSE, the largest stock exchange by market cap, will trade 11 spot Bitcoin ETF products.

The approved rule change allows the NYSE to offer investors access to options on the iShares Bitcoin Trust (IBIT), Franklin Bitcoin ETF (EZBC), the Grayscale Bitcoin Trust (GBTC), the Grayscale Bitcoin Mini Trust (BTC), among others. Furthermore, the Chicago Board Options Exchange (CBOE) also received the regulatory node to list options on 10 spot Bitcoin ETFs. The trading platform will list all the spot Bitcoin ETFs except the Grayscale Bitcoin Mini Trust (BTC).

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