Reported about 2 months ago
Nasdaq is seeking regulatory approval to offer options on a newly proposed bitcoin index, aiming to provide institutional investors with a cost-effective method to hedge their cryptocurrency exposure. This move comes as the U.S. Securities and Exchange Commission has not yet approved any options related to individual exchange-traded funds linked to bitcoin prices, including those from BlackRock. The introduction of these options is viewed as a critical step in normalizing the cryptocurrency trading landscape.
Source: YAHOO