The US Security and Exchange Commission (SEC) is getting feedback from the public and is ready to approve a rule change that allows Bitcoin exchange-traded funds (ETFs) to be listed on exchanges and traded on derivatives. The start of this move by NYSE was a result of the demand generated by the trading of options on BITC, GBTC and other trusts that hold Bitcoin directly.
In case the proposal is approved, the event will become a watershed moment in terms of crypto products integration into financial markets, since (ETFs) will give new ways for the stock market participants to hedge, earn income, and play with the price of Bitcoin through ETFs.
The proposed amendment indicates the possibility that the different options of the Bitcoin ETF will be traded in a manner similar to options on other ETFs, including that based on commodities. This should cover the regulatory aspects ranging from listing mechanisms to expiry dates, strike prices, strike prices, lower price variations, various lim
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