3 Sep 2025
📈SEC Notice on Cboe Bitcoin ETF Options Rule Change
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 2, To Add P.M.-Settled Options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index With Third Friday Expirations, Nonstandard Expirations, and Quarterly Index Expirations
Summary
The SEC announced a longer review period for Cboe Exchange's proposed rule change to list new P.M.-settled options on the Bitcoin U.S. ETF Index. The proposal includes modifications for various expiration types and is currently under further consideration after multiple amendments. The Commission aims to ensure thorough evaluation before issuing a final decision.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text discusses a proposed rule change by Cboe Exchange for Bitcoin ETF options, impacting securities trading and compliance for financial entities. It outlines the approval process by the SEC, indicating possible regulatory requirements for businesses in the financial sector.