Nasdaq seeks SEC approval to list and trade bitcoin index options
Nasdaq, in partnership with CF Benchmarks, has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Nasdaq Bitcoin Index Options (XBTX). Regulatory approval would enable investors to manage and hedge bitcoin positions using options that track the underlying asset through the CME CF Benchmarks Bitcoin Real-Time Index (BRTI). If approved, these bitcoin options would become the first cryptocurrency derivatives cleared by the U.S. Options Clearing Corporation (OCC).
