The SEC will again decide on whether to greenlight derivatives trading on spot Bitcoin ETF on April 24.
The United States Securities and Exchange Commission has postponed its decision on whether to approve options trading on spot Bitcoin (BTC) exchange-traded funds (ETFs) — which could open the door for more institutional capital into Bitcoin.
In a March 6 filing, the SEC extended its time to respond to Cboe Exchange and the Miami International Securities Exchange on their bids to offer options on Bitcoin ETFs.
It also delayed deciding on Nasdaq’s bid to offer options on BlackRock’s iShares Bitcoin Trust (IBIT), saying the delay ensures it has “sufficient time to consider” its request.
