The U.S. SEC has approved the listing of various spot Bitcoin ETF options trading on the New York Stock Exchange and the Chicago Board Options Exchange
ChainCatcher news, according to Coindesk, based on two memos released by the U.S. Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options for the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).
Cboe Global Markets has been approved to list and trade options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB). A few weeks ago, the U.S. Securities and Exchange Commission approved Nasdaq's rule proposal allowing options for BlackRock's iShares Bitcoin Trust (IBIT) to be listed and traded.
Many market participants believe that options trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and enhance overall liquidity.