Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Grayscale submits comment letter to SEC calling for approval of options products based on spot Bitcoin ETF

Grayscale submits comment letter to SEC calling for approval of options products based on spot Bitcoin ETF

CointimeCointime2024/03/06 23:23
By:Cointime

Grayscale has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) in support of NYSE's proposal to approve options products based on bitcoin ETFs for listing and trading. Grayscale believes that if investors can accept stock options products based on investment holdings of derivative assets, then stock options products based on investment holdings of the assets themselves should also be accepted. Grayscale stated, "The committee should update this outdated approach to approve ETP options based on spot commodities, which have the same structure as approved ETPs, and allow national securities exchanges to update their rules to allow for the listing and trading of such options."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects

Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.

Bitcoinsistemi2025/03/16 16:00