SEC Approves NYSE and CBOE Options Trading for Multiple Spot Bitcoin ETFs

Oct 18, 2024, 09:05 PM

The U.S. Securities and Exchange Commission (SEC) has approved the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (CBOE) to list options trading for multiple spot Bitcoin exchange-traded funds (ETFs). This development marks a significant step towards further integrating Bitcoin into traditional financial markets, potentially boosting liquidity and market confidence among traders. Grayscale, a leading digital currency asset manager, expressed its approval, noting that this is another step toward the further financialization of Bitcoin and the crypto asset class as a whole.