Reported about 1 month ago
The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for 11 exchange-traded funds (ETFs) to list options linked to spot bitcoin prices on the New York Stock Exchange. This follows the SEC's earlier approval of these bitcoin ETFs in January, marking a significant development for the cryptocurrency sector. The approved funds include prominent names such as Fidelity and ARK Invest, allowing institutional investors to use options as a method to manage bitcoin exposure.
Source: YAHOO