- The New York Stock Exchange has reported that it proposed rule amendments to the U.S. SEC to expand Bitcoin ETF options.
- The proposal includes increasing position limits for Grayscale's Bitcoin Mini Trust and Bitwise's Bitcoin ETF.
- It also emphasized the proposal to allow FLEX options for these ETFs.
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The New York Stock Exchange (NYSE) has proposed to the U.S. Securities and Exchange Commission (SEC) a plan to expand options for Bitcoin (BTC) Exchange-Traded Funds (ETFs).
According to industry sources on the 4th, the NYSE submitted a proposal to the SEC on the previous day (3rd) to amend certain rules related to Bitcoin ETFs. The proposal includes a plan to increase position limits for Grayscale's Bitcoin Mini Trust and Bitwise's Bitcoin ETF (BITB) options.
The NYSE also proposed allowing FLEX options for these two ETFs. FLEX options are options traded with different conditions than the standard options generally applied on exchanges.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto JournalistPiCK News
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