CryptoIntelligence
2024-11-16 13:49:02

Bitcoin Optimism Builds as CFTC Set to Approve Spot BTC ETF Options

The United States Commodity Futures Trading Commission (CFTC) has issued a notice, paving the way for spot Bitcoin exchange-traded fund (ETF) options. Analysts believe these products could be listed soon. “Ball now in OCC’s court, and they are into it, so they’ll prob list very soon,” ETF analyst Eric Balchunas commented in a Nov. 15 post on X (formerly Twitter). CFTC’s position on Bitcoin ETF options “Here. We. Go,” added ETF analyst James Seyffart. The CFTC’s Nov. 16 statement clarified the Division of Clearing and Risk’s (DCR’s) position, stating that the agency has no further role in clearing these options.

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