CBOE has filed an updated 44-page rule change proposal “with more meat,” which could be good news for those hoping for options trading on spot Bitcoin ETFs.
The crypto industry may be closer to seeing approved options trading on spot Bitcoin ETFs, seven months after issuers and their exchanges first applied for their approval with the Securities and Exchange Commission.
In a post on X on Aug. 8, Bloomberg ETF analyst James Seyffart observed that “there’s definitely some movement on Bitcoin ETF options.”
The comment came as the CBOE withdrew its application for options on spot Bitcoin (BTC) ETFs but immediately replaced it with a more detailed filing.