Regulatory nod for US spot bitcoin ETF options may take months- sources zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Options on new U.S. spot bitcoin exchange-traded funds (ETFs) could take months to gain regulatory approval, potentially dampening the appeal of the underlying products, multiple industry sources said. The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry. The SEC oversees technical rule changes that exchanges must make to list options, and typically approves them days after an ETF starts trading.
The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry. Ten products have been trading since Jan. 11.
/PRNewswire/ FalconX, a leader at the intersection of digital assets and traditional finance successfully executed over 30% of total BTC creation purchases.