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US SEC delays decision on Bitwise and Grayscale Bitcoin spot ETF options trading applications

US SEC delays decision on Bitwise and Grayscale Bitcoin spot ETF options trading applications

CointimeCointime2024/04/09 00:44
By:Cointime

According to Cointelegraph, the US Securities and Exchange Commission (SEC) has postponed its decision on whether to allow the New York Stock Exchange to offer bitcoin spot ETF options trading. According to a document on April 8th, the SEC's delay will affect Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), and other trusts holding bitcoin listed on the New York Stock Exchange's options trading. The securities regulator stated: "The Commission believes that it is necessary to designate a longer period to take action on the proposed rule change in order to have sufficient time to consider the proposed rule change." It is reported that the next deadline for the US Securities and Exchange Commission (SEC) to propose rule changes to the New York Stock Exchange is May 29th, when a decision to approve, reject or postpone must be made.

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