US SEC clears options listing for spot Bitcoin ETFs
Bitcoin ETFs gain access to options trading, offering a new way to manage exposure and risk.
The US Securities and Exchange Commission (SEC) has granted approval for 11 exchange-traded funds (ETFs) to list and trade options linked to spot bitcoin prices on the New York Stock Exchange. This decision marks a significant step forward for both the cryptocurrency sector and institutional investors seeking more flexibility in managing bitcoin exposure.
Several major funds, including the Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, and Grayscale Bitcoin Trust, are among those receiving the green light. The introduction of options trading will provide market participants with a quicker and cost-effective way to adjust their exposure to the cryptocurrency market.
These bitcoin index options offer traders a strategic tool to hedge risk or amplify returns without directly owning the underlying asset. Institutional investors, in particular, are expected to benefit from the ability to manage their investments with more precision.
BlackRock’s ETF had already received approval for options trading on the Nasdaq in September. The latest SEC decision opens the door for even wider participation, signalling growing acceptance of bitcoin-based financial products within traditional markets.
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