BlockBeats news, on October 22, according to Crowdfund Insider, the U.S. Securities and Exchange Commission (SEC) approved the listing of multiple Bitcoin ETF options products by Cboe Exchange and NYSE American. Cboe was authorized to list options for Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB); NYSE American was authorized to list options for Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB). Previously, the SEC had approved options trading for BlackRock's iShares Bitcoin Trust (IBIT).

According to documents, both exchanges set a single-sided position limit of 25,000 contracts for each Bitcoin ETF option, lower than other ETF option products. As of August 30, 2024, GBTC has issued approximately 367 million shares, with a market value of over $13.4 billion; BITB has issued approximately 68.7 million shares; FBTC has issued over 201 million shares, with a 6-month trading volume exceeding 1.1 billion shares; ARKB has issued approximately 45.5 million shares, with a 6-month trading volume exceeding 297 million shares.