According to PANews, the Chicago Board Options Exchange (Cboe) has submitted revised applications for listing Bitcoin and Ethereum ETF options to regulatory authorities, as per regulatory filings dated August 28. The filings indicate that Cboe aims to list options based on ETFs issued by asset management firms such as Fidelity, 21Shares, Invesco, VanEck, Grayscale, Bitwise, BlackRock iShares, and Valkyrie. The proposed rule changes would classify cryptocurrency spot ETFs alongside commodity-based ETFs like the Goldman Sachs Physical Gold ETF and the iShares Silver Trust as 'securities suitable for options trading.'
Previously, Nasdaq announced on August 27 its plans to list Bitcoin options tied to the CME CF Bitcoin Real-Time Index (BRTI). Earlier this month, both the New York Stock Exchange (NYSE) and Nasdaq withdrew four Bitcoin options listing applications submitted to the U.S. Securities and Exchange Commission (SEC). Additionally, on August 8, Cboe retracted an earlier application for listing Bitcoin ETF options. Bloomberg has projected that Bitcoin spot options will be available by the fourth quarter of this year.
