SEC approves NYSC Option Trading

[Yinkcrypt]

Another major win For the crypto space, SEC Approves NYSE Options Trading on Spot Bitcoin ETFs saw the new in a tweet by Watcherguru, The NYSE filed for Bitcoin ETF options on August 14 this past summer, looking to add the crypto funds to its offerings,  which is now approved this another major milestone this coming bull will definitely be like no other

[hugeblack]

It's not new news or a real change, about a month ago BlackRock's (BLK.N) options were approved, so I don't think Bitcoin products will be as restricted as they were in the past.


https://www.reuters.com/technology/sec-approves-spot-bitcoin-etf-options-2024-09-20/

[TomPluz]

More and more financial platforms are looking on how they can ride on the rise and recognition granted on Bitcoin as a tradeable asset comparable to stocks or gold. NYSE can see the potential to make more money and so they don't want t o be left behind in the race. I am sure that there can be more others to also be a part of the party and I am glad that SEC is not a hindrance on this trend. Hopefully, this can contribute to the big bull run in the first quarter of 2025 and I am hoping my timeline can be correct.