U.S. SEC considers allowing Bitcoin ETFs and related trust options to be listed and traded
The US Securities and Exchange Commission (SEC) has announced a proposal from NYSE American LLC to amend Rule 915 to allow options trading for Bitcoin ETFs, Grayscale Bitcoin Trust (GBTC), and any trust holding Bitcoin. This move aims to provide investors with more opportunities to gain exposure to the Bitcoin market and serve as a hedging tool to meet investment needs while maintaining the same trading rules and procedures as existing ETF options. The SEC will make a decision within 45 days after the notice is issued, which may be extended to 90 days.
Previously reported, the US Securities and Exchange Commission (SEC) has sought public opinion on the possibility of introducing Bitcoin spot ETF options trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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