The U.S. SEC approves Nasdaq to launch Bitcoin index options, further Wall Street's embrace of crypto assets

robot
Abstract generation in progress
Golden Finance reports that on May 23, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has approved Nasdaq to launch a Bitcoin price-based index options product. The report states that this product will provide U.S. stock market traders with a new Bitcoin price exposure tool beyond spot Bitcoin ETF options. Investors will be able to trade and hedge BTC prices through Bitcoin index options in the future without directly holding spot or ETF. The market believes that this approval further demonstrates that traditional financial markets and the crypto asset system are accelerating their integration. Previously, spot Bitcoin ETF options such as BlackRock's iShares Bitcoin Trust (IBIT) have been widely traded in the market.
BTC-1.94%
IBIT-2.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned