The U.S. Securities and Exchange Commission (SEC) has given the green light for options trading on spot Bitcoin ETFs listed on the NYSE and Cboe. This decision allows NYSE to list options for GBTC, BTC, and BITB, while Cboe can offer options for FBTC and ARKB.
The introduction of options trading is expected to attract more institutional investors, thereby increasing liquidity in the market. The SEC believes that this measure will enhance market transparency and efficiency, showcasing its commitment to fostering a more robust investment environment.
This move is seen as a significant step forward in integrating cryptocurrency into mainstream financial markets, potentially leading to more similar products being approved in the future. The underlying aim is to provide investors with more tools to hedge and manage their risk in the volatile crypto market.
