8 Aug 2025
📈Cboe Proposes Options Trading Rules for VanEck Bitcoin ETF
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 19.3
Summary
The Cboe EDGX Exchange has proposed a rule change to permit the listing and trading of options on the VanEck Bitcoin ETF. This amendment expands the eligibility for Fund Shares, enhancing trading opportunities and providing investors with low-cost tools for managing Bitcoin exposure. The Exchange emphasizes the benefits of transparency and increased market activity facilitated by this development.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows the trading of options on the VanEck Bitcoin ETF, providing businesses with a new investment vehicle and hedging tool for Bitcoin exposure. This change anticipates increased market participation, potentially benefiting financial institutions and traders.