The US SEC is considering allowing Bitcoin ETFs and related trust options to be listed for trading

The U.S. Securities and Exchange Commission (SEC) has announced a proposal from the NYSE American LLC to amend Rule 915 to allow for the listing and trading of options on Bitcoin ETFs, Grayscale Bitcoin Trust (GBTC), and any trusts holding Bitcoin. This move aims to provide investors with more opportunities to access the Bitcoin market exposure, serve as hedging tools to meet investment needs, while maintaining trading rules and procedures similar to existing ETF options. The SEC will make a decision within 45 days after the notice is issued, which may be extended up to 90 days. Previously reported, the U.S. Securities and Exchange Commission (SEC) has sought public opinion on introducing options trading for Bitcoin spot ETFs.