đŁ Nasdaq, Cboe apply to offer BTC ETF options trading, receive fast response đŁ
Options are âthe next logical stepâ for BTC ETF trading and could begin by the end of February, according to an analyst.
đ On Jan. 19, the United States Securities and Exchange Commission (SEC) acknowledged Nasdaq and the Cboeâs proposals to begin options trading on Bitcoin exchange-traded funds (ETFs).
Nasdaq filed for a rule change to list and trade options on BlackRockâs iShares Bitcoin Trust. The Cboe applied to trade options on âETPs [exchange-traded products] that Hold Bitcoin.â Cboe launched six of the 10 BTC ETFs recently approved by the SEC.
đ BTC ETFs began trading on the Nasdaq and Cboe on Jan. 11 after receiving approval from the SEC a day earlier. Cboe executive vice president Catherine Clay told CNBC on Jan. 18 that the exchange was seeing âgood inflowsâ into the BTC ETFs, which continued to track the price of BTC âas expected.â