1 Aug 2025
📈SEC Approves FLEX Options Trading on iShares Bitcoin Trust ETF
Self-Regulatory Organizations; Nasdaq PHLX LLC; Order Approving a Proposed Rule Change To Permit the Trading of FLEX Options on Shares of the iShares Bitcoin Trust ETF
Summary
The SEC has approved Nasdaq PHLX LLC's proposal allowing the trading of FLEX options on the iShares Bitcoin Trust ETF. This proposal is set to enhance trading opportunities and risk management for market participants by introducing customized options that support various investment strategies. It also includes position and exercise limits to mitigate market manipulation risks.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulation approves the proposed rule change allowing trading of FLEX options on the iShares Bitcoin Trust ETF (IBIT), impacting compliance and regulatory frameworks for businesses involved in options trading. This allows new risk management tools and market engagement strategies for businesses, especially within financial sectors.