May 24
SEC Approves Nasdaq Bitcoin Options in Major Win for BTC Traders
SEC approves Nasdaq Bitcoin options on PHLX, expanding regulated BTC derivatives, pending CFTC clearance before trading begins.
➤ The SEC has approved Nasdaq's Bitcoin index options for listing on the PHLX, expanding regulated BTC derivatives in the US. ➤ These cash-settled options, tracking the CME CF Bitcoin Index, will allow traders exposure to Bitcoin price movements without direct ownership. ➤ Trading is contingent on final clearance from the CFTC, as Bitcoin derivatives fall under its jurisdiction.
