@uyobong "1/6: The U.S. Commodity Futures Trading Commission..."

uyobong in #leofinance • 3 months ago

1/6: The U.S. Commodity Futures Trading Commission (CFTC) has cleared the path for options on spot Bitcoin exchange-traded funds (ETFs), stating it will not interfere with their clearing.

#threadstorm #crypto #dailyleo #news

3 months ago in #leofinance by uyobong

Sort:

uyobong 3 months ago

6: This announcement follows the SEC's earlier approval of applications from the NYSE and CBOE to list options for spot Bitcoin $BTC ETFs.

#crypto #news #sec

0.00 VYB

[-]

uyobong 3 months ago

6/6: The introduction of options on spot Bitcoin ETFs is expected to enhance Bitcoin's market liquidity and provide investors with additional tools for managing exposure to the cryptocurrency.

0.00 VYB

[-]

uyobong 3 months ago

2/6: These $BTC ETF options will be cleared and settled by the Options Clearing Corporation (OCC), which is expected to act swiftly in facilitating their listing.

#etf #Bitcoin

0.00 VYB

[-]

uyobong 3 months ago

3/6: Analysts anticipate significant impacts on Bitcoin’s market liquidity and dynamics, with options providing investors with new tools for exposure management.

#crypto #market

0.00 VYB

[-]

uyobong 3 months ago

4/6: The CFTC's Division of Clearing and Risk clarified that the listing of spot Bitcoin ETF options "does not implicate" the CFTC's jurisdiction, as these options are cleared and settled by the OCC.

#regulation

0.00 VYB

[-]

uyobong 3 months ago

Talk about this development here;

https://inleo.io/@uyobong/bitcoin-etf-options-pass-second-hurdle-with-cftc-clearance-adf

0.00 VYB