9 May 2025
💹SEC Notice on FLEX Trading for iShares Bitcoin Trust Options
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To Permit FLEX Trading in Options on the iShares Bitcoin Trust ETF
Summary
The SEC released a notice regarding a proposed rule change by Nasdaq ISE to allow FLEX trading in options on the iShares Bitcoin Trust ETF. This change aims to enhance trading flexibility and risk management for market participants, enabling them to manage bitcoin exposure more effectively within regulatory frameworks.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory notice permits FLEX trading for options on the iShares Bitcoin Trust ETF, allowing businesses and investors to better manage exposure to bitcoin volatility. It impacts trading practices and risk management strategies. Compliance with established position limits is a crucial aspect for businesses investing in or trading these options.