Posted 3/7/2024, 8:56:55 PM
SEC Delays Decision on Bitcoin ETF Options Trading Amid Record Volume
- SEC delays decision on allowing options trading on BlackRock's Bitcoin Trust ETF (IBIT)
- IBIT has seen record trading volume and inflows compared to other Bitcoin ETFs
- On Tuesday, IBIT hit a new trading day record with nearly $3.8 billion in volume
- SEC previously approved 11 spot Bitcoin ETFs in January after years of denials
- Exchanges now hoping to allow trading options on the Bitcoin ETF products after success of spot ETFs
