SEC Delays Decision on Cboe Options Trading for Bitcoin ETFs
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
Nasdaq OMX Group Inc and Noble Markets announced today that bitcoin startup will implement Nasdaq’s X-stream trading technology in the upcoming marketplace.
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
The stock market reacted negatively to the Fed Chair’s comment indicating that the apex bank was uninterested in rate cuts until after March.
While all three major indexes rose, the S&P 500 hit a new record barely a week after setting a previous one.
Core Scientific’s restructuring plan successfully slashes $400 million in debt by converting it into equity, marking a positive financial move.
The Dow has hit a new record, while other indexes also increased, as traders believe the Fed will leave interest rates unchanged.
The restructuring plan will allow Core Scientific to cut $400 million in debt by equitizing the said amount in secured and unsecured claims.
Operating within tightly regulated stock exchanges, ETFs ensure accessibility through existing retail investors’ brokerage accounts, subject to stringent supervision.
Recent meetings of major exchanges, including NYSE, Nasdaq Composite, the Chicago Board Options Exchange, and the SEC have sparked speculation about the timing and potential approval of a spot Bitcoin ETF.
Insiders familiar with the proceedings indicate that the SEC may begin notifying issuers of approval starting Friday, paving the way for potential trading to commence as early as the following week.
Nasdaq was also in attendance to discuss rule changes that BlackRock must consider before listing a Bitcoin ETF.