SEC Approves Nasdaq Bitcoin Index Options, With CFTC Clearance Still Needed

The SEC approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange with a 24,000-contract position limit per side. The contracts will trade under the ticker QBTC if the CFTC grants exemptive relief. The SEC order said the contracts use the Nasdaq Bitcoin Index and settle in cash at expiration.
BTC2.98%
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