The post Bitcoin ETF Options Move Closer to Approval as CFTC Clears Path for Listing appeared on BitcoinEthereumNews.com.

In a significant development within the cryptocurrency market, Bloomberg analyst Eric Balchunas announced via social media on November 16th that the CFTC has issued a notice facilitating the listing of physically-settled Bitcoin ETF options. This marks a pivotal milestone, as it is the second major hurdle overcome following prior approval from the SEC. Market participants are now awaiting further actions from the Options Clearing Corporation (OCC), which must officially list the names to advance the process. The approval of these ETF options could enhance the liquidity and accessibility of Bitcoin investments, further legitimizing the cryptocurrency space in institutional portfolios. Investors and stakeholders should remain attentive for updates on the OCC’s actions, as this development is poised to impact market dynamics significantly. Source: https://en.coinotag.com/breakingnews/bitcoin-etf-options-move-closer-to-approval-as-cftc-clears-path-for-listing/

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Filed under: News - @ November 16, 2024 1:16 am