COINOTAG news reported on September 21, as per financefeeds, that the U.S. Securities and Exchange Commission (SEC) has given the green light for the listing of options products for the BlackRock iShares Bitcoin ETF (IBIT) on Nasdaq. However, for trading to commence, additional approvals from the U.S. Office of the Comptroller of the Currency (OCC) and the U.S. Commodity Futures Trading Commission (CFTC) are still required. Nasdaq confirmed that Bitcoin ETF options will be handled similarly to other ETF options, following the same regulatory framework and trading rules. The SEC’s notice highlighted that “IBIT options will be physically settled in an American exercise manner,” which allows them to be exercised at any point before their expiration date.
Source: https://en.coinotag.com/breakingnews/sec-approves-listing-of-ishares-bitcoin-etf-options-on-nasdaq/