6 Aug 2025
💰Proposed Rule Change for FLEX Options on Bitcoin Trust ETF
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 903G and 906G To Permit Flexible Exchange Options in the iShares Bitcoin Trust ETF
Summary
The Securities and Exchange Commission has published a notice on the NYSE American's proposed rule change to allow trading of FLEX options on the iShares Bitcoin Trust ETF. This rule aims to increase market accessibility and liquidity by enabling tailored options trading on a regulated exchange, enhancing investor risk management strategies.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows for trading in FLEX IBIT options on the iShares Bitcoin Trust ETF, providing investors with more tools for managing risk. This could lead to increased participation in the market, impacting trading strategies and potentially revenue for businesses involved in ETF trading.