Leggi questo articolo in Italiano Italiano

2 min read 19 Oct 2024

BITCOIN options: SEC approves trading on NYSE and CBOE

By Daniele Corno

The SEC has given the green light for options trading on Bitcoin spot ETFs on NYSE and Cboe, new financial investment instruments

BITCOIN options: SEC approves trading on NYSE and CBOE

SEC approval opens up new opportunities for Bitcoin ETFs

The U.S. Security and Exchange Commission (SEC) recently gaveaccelerated approval to NYSE and Cboe to introduce options trading on ETFs Bitcoin.

This decision comes afterSeptember’s approval for BlackRock’s iShares Bitcoin Trust on Nasdaq. Major managers such as Fidelity, ARK21Shares, Invesco and Franklin are now included in the list of Bitcoin ETFs enabled for options trading.

The decision aims to offer institutional investors more advanced and diversified investment tools, increasing the liquidity of the cryptocurrency market.

The hedging option, coupled with volatility protection mechanisms , makes the market safer and allows large investors to gain exposure to a still financially immature sector.

Options on Bitcoin ETFs improve liquidity and reduce volatility

Options are instruments that allow you to buy or sell assets, such as ETFs, at a price set before a specific date.

Now, withSEC approval, ETFs such as the Grayscale Bitcoin Trust and the Bitwise Bitcoin ETF will offer these options. This will help investors protect their portfolios and better take advantage of market movements.

Options on ETFs can improve market stability and reduce volatility. The growth of options on Bitcoin ETFs, according to several experts, could lead to a phase of maturity for the crypto sector, encouraging further capital inflows and investment opportunities.

According to Eric Balchunas, analyst at Bloomberg, the approval was expected, but it still remains a positive step for the future of the Bitcoin market.

X

Vuoi essere IL PRIMO a conoscere ciò che muove il mercato?

Resta aggiornato in tempo reale con le notizie importanti, dati e analisi ESCLUSIVE

bitcoin
Bitcoin (BTC) $ 103,064.61
ethereum
Ethereum (ETH) $ 3,294.03
xrp
XRP (XRP) $ 3.13
tether
Tether (USDT) $ 0.999891
solana
Solana (SOL) $ 234.19
bnb
BNB (BNB) $ 700.03
dogecoin
Dogecoin (DOGE) $ 0.399071
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 1.07
staked-ether
Lido Staked Ether (STETH) $ 3,292.13
tron
TRON (TRX) $ 0.241906
avalanche-2
Avalanche (AVAX) $ 39.70
chainlink
Chainlink (LINK) $ 23.85
sui
Sui (SUI) $ 4.70
stellar
Stellar (XLM) $ 0.462198
wrapped-steth
Wrapped stETH (WSTETH) $ 3,945.92
hedera-hashgraph
Hedera (HBAR) $ 0.354058
shiba-inu
Shiba Inu (SHIB) $ 0.000023
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,034.61
the-open-network
Toncoin (TON) $ 5.36
polkadot
Polkadot (DOT) $ 7.07
weth
WETH (WETH) $ 3,296.26
litecoin
Litecoin (LTC) $ 127.03
bitcoin-cash
Bitcoin Cash (BCH) $ 467.49
leo-token
LEO Token (LEO) $ 9.76
uniswap
Uniswap (UNI) $ 14.18
bitget-token
Bitget Token (BGB) $ 6.99
pepe
Pepe (PEPE) $ 0.000019
hyperliquid
Hyperliquid (HYPE) $ 22.28
wrapped-eeth
Wrapped eETH (WEETH) $ 3,489.79
usds
USDS (USDS) $ 0.999737
near
NEAR Protocol (NEAR) $ 5.43
ethena-usde
Ethena USDe (USDE) $ 0.999691
aptos
Aptos (APT) $ 9.29
internet-computer
Internet Computer (ICP) $ 10.62
aave
Aave (AAVE) $ 315.31
vechain
VeChain (VET) $ 0.052124
monero
Monero (XMR) $ 220.25
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.478720
ethereum-classic
Ethereum Classic (ETC) $ 26.78
render-token
Render (RENDER) $ 7.56
crypto-com-chain
Cronos (CRO) $ 0.139140
algorand
Algorand (ALGO) $ 0.443759
bittensor
Bittensor (TAO) $ 452.93
kaspa
Kaspa (KAS) $ 0.143622
mantle
Mantle (MNT) $ 1.07
dai
Dai (DAI) $ 1.00
mantra-dao
MANTRA (OM) $ 3.71
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33
filecoin
Filecoin (FIL) $ 5.44