tl;dr
The CBOE crypto exchange submitted a filing to the US SEC for trading options for the spot Bitcoin ETFs listed on Wall Street. After withdrawing the previous application, the exchange filed a fresh application, addressing regulatory concerns. The new filing could reset the approval clock, with a pot...
CBOE submits fresh filing for spot Bitcoin ETF options trading, addressing SEC concerns
The CBOE crypto exchange submitted a fresh filing to the US SEC for trading options for the spot Bitcoin ETFs listed on Wall Street, addressing regulatory concerns. This new filing could reset the approval clock, with a potential deadline at the end of April.
NYSE American files for Ethereum ETF options trading amidst market uncertainties
NYSE American also filed with the SEC for options trading on three Ethereum ETFs, despite market uncertainties.
Inflows into spot Bitcoin ETFs surge with BlackRock's IBIT leading at $164.5 million
Inflows into spot Bitcoin ETFs have surged, with BlackRock's IBIT leading with $164.5 million in inflows. The Bitcoin price rallied more than 8%, reaching $61,800 levels in a solid bull recovery.
BITCOIN ETF OPTIONS TRADING
As the demand for spot Bitcoin ETFs spreads in the traditional financial market, there’s a greater push for the options trading of these investment products. The CBOE’s new filing is a more updated and detailed one that addresses some of the SEC’s concerns about position limits and market manipulation.
INFLOWS SURGE
Inflows into spot Bitcoin ETFs have picked up pace once again with BlackRock’s IBIT leading the show. On Thursday, August 8, the total inflows into spot BTC ETFs were $201 million with IBIT seeing $164.5 million in inflows.
On the other hand, the Bitcoin price rallied more than 8% shooting all the way to $61,800 levels in a solid bull recovery. However, the US recessionary fears continue to remain around the corner with economists citing caution.
Overall, BTC ETFs are seeing demand across the globe. A day before Standard Chartered subsidiary Digital bank Mox said that it started offering crypto ETFs to its clients allowing them to gain easy access to the asset class in a regulated environment.
Thus, Mox joins other banks in Hong Kong offering similar investment products.
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