SEC Approves Bitcoin ETF Options Listings on Cboe and NYSE American

According to Odaily, the U.S. Securities and Exchange Commission (SEC) has approved the listing of several Bitcoin ETF options products on the Cboe and NYSE American exchanges. Cboe has been authorized to list options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB). Meanwhile, NYSE American has received approval to list options for the Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB). The documents reveal that both exchanges have set a unilateral position limit of 25,000 contracts for each Bitcoin ETF option, which is lower than the limits for other ETF options products.