First Cash-Settled Bitcoin Options to Debut on Cboe

November 22, 2024 Bitcoin.com

Bitcoin

Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors. New Bitcoin Options to Launch on Cboe Platform According to the announcement, the new product will be exclusively traded on the Cboe Options […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin to $100K: What will milestone mean for derivatives markets?

November 19, 2024 Coin Telegraph

Bitcoin to 0K: What will milestone mean for derivatives markets?

Adoption

Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?

Bitcoin’s (BTC) potential climb to the $100,000 price level has captivated investors for years. While retail participants often celebrate such psychological milestones, the key impact should come from institutional adoption and advancements in the Bitcoin derivatives markets.

Bitcoin futures aggregate open interest, BTC. Source: CoinGlass

Futures open interest on Bitcoin presently totals 626,520 BTC ($58 billion), a 15% increase in two months, signaling growing interest in derivatives. If Bitcoin reaches $100,000, this open interest would hit $62.5 billion, representing 3.1% of its $2 trillion market cap. This contrasts with the S&P 500, where $817 billion in futures open interest equals only 1.9% of its $43 trillion market cap.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

SEC mulls approving Ethereum ETF options

November 8, 2024 Coin Telegraph

Bitcoin ETFs

They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.

United States regulators are reviewing a request to list the first options tied to spot Ether (ETH) exchange-traded funds (ETFs) on NYSE American’s securities exchange, according to a Nov. 8 filing.

If approved, NYSE would be authorized to list options on Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), Grayscale Ethereum Mini Trust (ETH), and “any trust that holds Ether,” the filing said.

The SEC’s decision is the latest sign the agency may be softening its stance on cryptocurrency products, particularly after crypto-friendly Donald Trump’s Nov. 5 presidential election win.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

SEC Greenlights Bitcoin Options ETFs for New York Stock Exchange and CBOE

October 20, 2024 The Daily Hodl

Bitcoin

The U.S. Securities and Exchange Commission (SEC) is greenlighting Bitcoin (BTC) options exchange-traded funds (ETFs) for two major US exchanges. In separate statements, the regulatory agency says it’s approving the bids from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list options contracts for BTC-based ETFs. According to the […]

The post SEC Greenlights Bitcoin Options ETFs for New York Stock Exchange and CBOE appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

SEC again delays decision on spot Ethereum ETF options

October 11, 2024 Coin Telegraph

bitcoin options

The securities regulator authorized Bitcoin options to list on BlackRock's spot BTC ETF in September.

The United States Securities and Exchange Commission (SEC) has once again postponed ruling on whether an exchange can list options tied to spot Ether (ETH) exchange-traded funds (ETFs), according to an Oct. 11 filing.

The SEC has delayed deciding on a proposed rule change permitting Cboe Exchange to list options tied to several popular spot ETH funds, the filing said.

The deadline for a ruling from the agency has been pushed back from Oct. 19 to Dec. 3, according to the filing.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst

August 21, 2024 Coin Telegraph

approval

Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.

United States Solana exchange-traded funds (ETFs) have a “near-zero” chance of getting greenlit under the current administration after the regulator reportedly rejected a filing necessary for their approval.

“A snowball’s chance in hell of approval unless there’s a change in leadership,” said Bloomberg ETF analyst Eric Balchunas in an X post on Aug. 20.

Only days earlier on Aug. 16, reports emerged that Cboe had removed the 19b-4 filings for two prospective Solana ETFs from its website’s “Pending Rule Changes” page.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday

July 22, 2024 Bitcoin.com

Analysts

Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals

May 21, 2024 Bitcoin.com

Altcoin

According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over the past day, coasting along at $3,785 per unit on Monday at 9:30 a.m. Eastern Time. Reported SEC ‘Fine-Tuning’ Request Fuels Ethereum Rally […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Australia’s Monochrome applies for spot Bitcoin ETF with Cboe

April 5, 2024 The Crypto Briefing

Monochrome Asset Management applies with Cboe Australia for what could be Australia's first spot Bitcoin ETF.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network

March 14, 2024 Bitcoin.com

bitcoin.com

Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed the opportunity to reduce costs, risk, and inefficiencies by using this kind […]

cboe