Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval

Bitcoin

Spot Bitcoin ETFs have now faced their biggest legal hurdle to date, following the US Commodity Futures Trading Commission (CFTC) clarified it no longer plays a role in clearing BTC ETF options. In A staff advisory dated November 15th, the CFTC through its Division You can also find out more about the following: Clearing You can also find out more about the following: Risk, announced it would be transferring the approval authority to the Options Clearing Corporation (OCC).

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According The following are some of the ways to get in touch with us: ETF The Analyst Eric BalchunasThe OCC is now under pressure and will likely list these ETFs in the near future. At Only the OCC can decide on the listing. ETF options.

Approval These products will give you the best results. Wall Street Access to Spot Bitcoin ETFs increase trading volume, which could push up their price.

You can also find out more about the A-Team here. Look At Spot Bitcoin ETFs In The US

Unlike Traditional assets These spot Bitcoin ETFs combine the traditional features of options trading and the volatility of cryptocurrency. Spot ETFs enable retail traders to participate without spending much in the crypto market. More Importantly, they allow individual traders the ability to quickly buy and sale their shares on the open markets.

The Securities and Exchange Commission The SEC has approved the listing of these options on CBOE and NYSE. According They decided to take the SEC to court. Nasdaq’s Experience with iShares Bitcoin Trust The IBIT was a success.

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Analysts The CFTC’s advisory is a huge development for Bitcoin ETFs, crypto and the market If The spot BTC ETF When options are listed they will attract investors, legitimizing cryptocurrencies.

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BTC Market Cap currently at $1.81 Trillion Chart: TradingView.com

Bitcoin ETF Options To Be Listed Soon?

Market Experts and analysts are expecting these Bitcoin ETF Options will be listed shortly. According The following are some of the ways to get in touch with us: Jeff Park You can also find out more about the following: Bitwise InvestThese BTC ETF The cryptocurrency market will be dominated by options.

Park The OCC is likely to act immediately upon this request, but the most likely timeframe for listing would be the end of 2004. HoweverHe still believes approval is flexible, and that anything could happen.

British HodlA popular BTC commentator estimates that the listing and approval will happen in this first quarter of 2020.

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Spot ETH Options, Next?

With There is a growing likelihood that the BTC will be a popular spot. ETF Many industry professionals have floated the idea of listing options. Ethereum blockchain. One Twitter/X user, AustinIf you ask if Ether Would follow suit

Austin I was wondering if it was possible to resubmit an old application today, stating that Donald Trump Has just been reelected as next US president.

The SEC has already ruled on ETH ETFs. According According to the agency’s guidelines, the incorporation of ETH in new products must adhere to the country’s security laws.

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John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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