The New York Stock Exchange (NYSE) Arca, NYSE American LLC, and NASDAQ have withdrawn their proposals to allow options trading on cryptocurrency ETFs, including Bitcoin ETFs from Bitwise and Grayscale. This decision follows a similar move by the Chicago Board Options Exchange (CBOE). The withdrawals indicate a temporary halt in the efforts to introduce options trading on these financial products. However, there is an expectation that these exchanges may re-file their proposals in the coming days or weeks.
NASDAQ & NYSE have joined CBOE in withdrawing their applications for allowing options to trade on the Bitcoin ETFs. I'm expecting them to re-file over the coming days or weeks like we saw from CBOE. https://t.co/YC1U2SgAVA https://t.co/8trtqNBVTx
NASDAQ Withdraws Proposal for Options on Bitcoin ETFs https://t.co/Kli8LlIFjJ https://t.co/KlhLcsl802
NYSE American LLC withdraws proposal to list and trade options on spot Bitcoin ETFs https://t.co/xAx8Ft4av6