OCC notice suggests impending launch for spot Bitcoin ETF options trading

Some experts suggested that options trading for shares of BlackRock’s iShares Bitcoin Trust could launch on the Nasdaq as early as Nov. 19.

Following the United States Commodity Futures Trading Commission (CFTC) clearing the way for spot Bitcoin exchange-traded fund, or ETF, options, the Options Clearing Corporation (OCC) said it was preparing the launch of the investment vehicles.

In a Nov. 18 notice, the OCC said it was preparing for the “clearance, settlement, and risk management” of spot Bitcoin (BTC) ETFs after the CFTC issued a staff advisory. According to ETF analyst Eric Balchunas, the notice suggested it was “a matter of when not if” US exchanges would list the crypto investment vehicles.

Source: OCC

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