3 Apr 2025
💰Cboe Exchange Proposes Bitcoin Options Trading Regulations
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change, as Modified by Amendment No. 3, To Amend Rules 4.3, 4.20, and 8.30, To Allow the Exchange To List and Trade Options on the VanEck Bitcoin Trust
Summary
The Cboe Exchange, Inc. has filed a proposal to amend its rules, allowing the listing and trading of options on the VanEck Bitcoin Trust. This initiative aims to provide investors with additional investment tools for exposure to Bitcoin, promoting market transparency and establishing tighter regulatory frameworks to enhance trading efficiency.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change to amend regulations for the VanEck Bitcoin Trust enables the listing and trading of options, which can provide new investment opportunities for businesses and financial institutions, enhancing their engagement with Bitcoin markets and liquidity.