The U.S. Securities and Exchange Commission (SEC) has approved multiple Bitcoin ETF options to be traded on the New York Stock Exchange (NYSE). This includes the Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Grayscale Bitcoin Trust BTC, and iShares Bitcoin Trust ETF, among others. These options will provide institutional investors and traders with an alternative way to hedge their exposure to the world's largest cryptocurrency.
Additionally, the SEC has approved the listing and trading of multiple Bitcoin ETF options on the Cboe and NYSE American exchanges, which will allow holders to buy or sell assets at a predetermined price on specific dates. These exchanges have proposed conservative position limits for Bitcoin ETF options in their respective filings, with a single contract position limit of 25,000 contracts per Bitcoin ETF option. This limit is lower than that of many other ETF options, reflecting a cautious attitude towards these new products.
These approvals mark an important development in the cryptocurrency market, providing investors with new risk management tools and potentially increasing market liquidity and stability. At the same time, this paves the way for further product development of Bitcoin ETFs, which may attract more institutional investors to enter the market.
#SECæčćć€æŻæŻçčćžETFææ #çæŽèĄæ ćæ #æŻçčćžć šçœçźććæ°é« #BTCçȘç Ž7äžć€§ć ł #æŻçčćžetf
