The U.S. Securities and Exchange Commission (SEC) has approved options trading for spot Bitcoin ETFs on the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (Cboe). This move signifies an important step for cryptocurrency in mainstream finance.
The approval comes in the wake of substantial inflows into Bitcoin ETFs over the past week, highlighting growing investor interest and demand. The SEC's decision is seen as a crypto-friendly move, potentially boosting further investments and price movements in Bitcoin.