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US SEC Gives Go-Ahead for Spot Bitcoin Options Listings On NYSE

  • The US SEC has granted “accelerated approval” for 11 ETFs to list and trade options linked to spot bitcoin prices on the New York Stock Exchange.
  • The new index options offer institutional investors and traders a cost-effective way to enhance and hedge their bitcoin exposure.
  • This marks a notable development for the cryptocurrency sector.
  • The SEC approval covers all listed ETFs except Grayscale’s Bitcoin Mini Trust.

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