SEC Delays Decision on Bitcoin ETF Options Trading Until April Amid Skyrocketing Crypto Interest

The SEC delayed its decision on allowing options trading for spot bitcoin ETFs until late April.

The exchanges first applied to list bitcoin fund options in January when the SEC approved 10 new spot bitcoin products.

Investor interest in cryptocurrency has skyrocketed, with bitcoin ETFs getting over $9.3 billion in inflows as of March 7.

Analysts see using options on bitcoin ETFs as a strategy to address crypto's volatility.

The SEC also delayed a decision on a BlackRock ETF proposal based on ether, the second largest cryptocurrency.