The U.S. Securities and Exchange Commission (SEC) has postponed its decision to permit or deny the New York Stock Exchange to introduce options trading on spot Bitcoin (BTC) ETFs. The regulator communicated this move via a document dated April 8, uploaded to its official website.
Notably, the SEC’s delay affects options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC), and any other trust holding Bitcoin listed on the NYSE. In February, the proposed rule change was published for comment in the Federal Register, and the SEC has received two comments.
According to existing regulations, the regulator must decide within 45 days of the proposed rule change notice’s publication or up to 90 days in the case of an extension. The first 45 days after the notice for this proposed rule change are due by Su…
The post NYSE Options Trading for Bitcoin ETFs Put on Hold by SEC appeared first on Coin Edition.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision to permit or deny the New York Stock Exchange to introduce options trading on spot Bitcoin (BTC) ETFs. The regulator communicated this move via a document dated April 8, uploaded to its official website.
Notably, the SEC’s delay affects options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC), and any other trust holding Bitcoin listed on the NYSE. In February, the proposed rule change was published for comment in the Federal Register, and the SEC has received two comments.
According to existing regulations, the regulator must decide within 45 days of the proposed rule change notice’s publication or up to 90 days in the case of an extension. The first 45 days after the notice for this proposed rule change are due by Su…
The post NYSE Options Trading for Bitcoin ETFs Put on Hold by SEC appeared first on Coin Edition.