% 3.80
BTC Dominance:
% 0.13
Market Cap:
$2.44 T
% 3.67
Fear & Greed:
74 / 100
$ 69.494
BTC Dominance:
% 54.4
Market Cap:
$2.44 T

SEC Delays Decision on Bitcoin Options Trading Again


The U.S. Securities and Exchange Commission (SEC) has delayed its decision on applications to allow options trading on spot Bitcoin ETFs.

Cboe Exchange Inc., BOX Exchange LLC, MIAX International Securities Exchange LLC, Nasdaq ISE, LLC, and NYSE American LLC had filed applications with the SEC to allow options trading on spot Bitcoin ETFs in the U.S.

The SEC has delayed its decision on the applications and opened up a comment period for public feedback. The SEC is seeking feedback on issues such as whether options on spot Bitcoin ETFs should be subject to the same position limits as options on stocks, and whether the available supply in the markets for Bitcoin should be considered in setting position limits for options on Bitcoin ETFs.

The SEC had received some comments on the products in recent months, with some arguing that they would allow investors to better manage their risk.

The SEC approved spot Bitcoin ETFs in January. Grayscale CEO Michael Sonnenshein said that the next step should be to approve options as well:

“It’s logical that the next step, given the approval of spot Bitcoin ETPs to trade on NYSE Arca under the 19b-4 Rule, would be to approve options on spot Bitcoin ETPs.”

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