Nasdaq Seeks SEC Approval for Bitcoin Index Options
Article is form followin
August 27, 2024
This article is translated by ChatGPT Show original
Nasdaq Seeks Approval for Bitcoin Index Options Trading
On Tuesday, August 27, Reuters reported that Nasdaq (NDAQ.O) is seeking regulatory approval to launch and trade Bitcoin index options.
The Securities and Exchange Commission (SEC) has yet to approve options on any exchange-traded funds (ETFs) based on the spot price of Bitcoin. These ETFs, which first launched in January, include Nasdaq's application to trade options on BlackRock's iShares Bitcoin Trust ETF (IBIT.O).
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.