The United States Securities and Exchange Commission (SEC) has initiated consultations on a proposed rule change for the trading of options on Bitcoin exchange-traded funds (ETFs). The SEC is seeking public input on the potential impacts of introducing Bitcoin options trading on the broader market, particularly during periods of market turbulence.
Reviewing the Impact of Bitcoin Options Trading
The SEC aims to investigate the potential effects of introducing Bitcoin options trading on the broader market. This review will focus on whether exchanges’ current surveillance and enforcement mechanisms are sufficient to manage the distinctive characteristics of Bitcoin options. The SEC wants to ensure that proper measures are in place to handle market volatility and protect investors.
