6 Jun 2025
📈Cboe Proposal for P.M.-Settled Options on Bitcoin ETF Index
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, 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 Securities and Exchange Commission has received a notice regarding a proposed rule change by Cboe Exchange, Inc. to add P.M.-settled options on the Cboe Bitcoin U.S. ETF Index and Mini-Cboe Bitcoin U.S. ETF Index. The amendment includes provisions for weekly and quarterly expirations, enhancing market participants' ability to tailor their investment strategies effectively.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change introduces P.M.-settled options for the Cboe Bitcoin U.S. ETF Index, expanding trading flexibility and hedging opportunities for market participants. This affects compliance and regulatory requirements for investments in these options.