OCC and Bitcoin ETF Options
OCC has prepared for the settlement and clearing of options related to spot Bitcoin ETFs, including BlackRock’s IBIT. According to a statement from the CFTC, these products will fall under SEC regulation.
SEC Approval and Market Impact
With the prior approval of 11 Bitcoin ETFs by the SEC, trading activity of Bitcoin ETFs has attracted a transaction volume surpassing $500 billion.
Investor Attraction
The related options will attract not only retail investors but also institutions, increasing interest in this financial product in the cryptocurrency market.