SEC Greenlights Bitcoin ETF Options, Signaling Growing Hunger for Crypto-Based Financial Products

The U.S. Securities and Exchange Commission (SEC) has just opened the door for cryptocurrency's next big leap.

Breaking: SEC Approves Options Trading for BlackRock's Spot Bitcoin ETF on Nasdaq

In a highly anticipated move, the U.S. Securities and Exchange Commission (SEC) has granted Nasdaq approval to list and trade options for the iShares Bitcoin Trust (IBIT) on September 20. This marks a significant step in the effort to gain institutional acceptance of Bitcoin.

Nasdaq will begin listing IBIT options, which will be physically settled with an American-style exercise, under the IBIT ticker. These options will follow the same rules as other ETFs, but the path to market still faces hurdles.

The SEC's approval does not guarantee that IBIT options will hit the market immediately. Other regulatory bodies, including the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), still need to sign off.

Bloomberg ETF analyst Eric Balchunas noted that while the SEC's nod is a “big step,” further approvals could drag out with no clear timeline in sight. “The other two don’t have a ‘clock,’” Balchunas pointed out, highlighting the possibility of regulatory bottlenecks stalling the product's launch.

Cette approbation intervient à un moment où les ETF Bitcoin suscitent déjà un intérêt massif. En août, le volume des transactions de l'ETF IBIT de BlackRock a dépassé 875 millions de dollars, contribuant à plus de 1,3 milliard de dollars de véhicules d'investissement au comptant Bitcoin. Notamment, BlackRock cherche également à obtenir l’approbation du trading d’options sur les ETF Ethereum au comptant, ce qui indique la demande croissante de produits financiers basés sur la cryptographie.

La question est maintenant de savoir si la dernière décision de la SEC représente un véritable changement d'attitude ou simplement un autre obstacle réglementaire pour les investisseurs en cryptographie.

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