Nasdaq files Nasdaq Bitcoin Index Options (XBTX) application with SEC
The U.S.-based stock exchange has submitted an application to launch a Bitcoin fund-based options offering, following in the footsteps of BlackRock.

The U.S.-based stock exchange has submitted an application to launch a Bitcoin fund-based options offering, following in the footsteps of BlackRock.
GRIID's NASDAQ debut marks cryptocurrency's integration into mainstream finance, signaling industry dynamism. Caution advised in the evolving landscape.
Despite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
Citing a changing business and regulatory environment, Nasdaq has decided not to pursue a license for this venture.
Nasdaq resubmitted an updated filing for the iShares Bitcoin Trust. The updated version includes a surveillance sharing agreement with Coinbase, making it similar to other firms’ applications.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
The exchange, known as XTAGE, is currently scheduled to launch in Q2 2022.
Over the past decade, Bitcoin has grown faster than Nasdaq.