Options features are likely to be added to spot Bitcoin (BTC) exchange-traded funds (ETF) in the US in the fourth quarter, according to Bloomberg ETF analyst James Seyffart.
However, in another post, Seyffart highlighted that the offering could start as soon as the third quarter, as the final deadline for a decision from the US Securities and Exchange Commission (SEC) is approximately Sep. 21.
He added:
“Technically in our note I said second half of 2024 because the SEC deadline is in 3rd quarter (sept 21) and there’s nothing stopping things from moving even faster than that other than: ‘It normally takes longer than that.’
Seyffart also pointed out that the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC) must also approve the inclusion.
As a reference, the Bloomberg analyst listed 20 ETFs related to Bitcoin and Ethereum (ETH) that already have options, including leveraged products.
Coincidentally, less than an hour after
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