Foresight News reports that the U.S. Securities and Exchange Commission (SEC) has approved the listing of multiple Bitcoin ETF option products on the Cboe exchange and the NYSE American exchange, according to Crowdfund Insider. Cboe has been authorized to list options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB); NYSE American has been authorized to list options for the Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB). Previously, the SEC had approved options trading for the iShares Bitcoin Trust (IBIT) under BlackRock.

According to the documents, both exchanges have set a unilateral 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 USD; 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.