Oddbean new post about login | logout NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs New York Stock Exchange’s (NYSE) Arca electronic exchange withdrew a rule change it proposed in January that would have allowed options trading on commodity-based trusts, including cryptocurrency exchange-traded funds (ETFs), according to an Aug. 13 filing. https://image.nostr.build/c19d5ecfb67b2d1b1722fab93a4748080dc73f1259506ce24fa88f07d2aef7ea.jpg
The initial proposal aimed to allow options trading on various commodity-based trusts, including well-known crypto ETFs like the Grayscale Bitcoin Trust (GBTC). In February, Grayscale Investments had urged the U.S. Securities and Exchange Commission (SEC) to modernize its regulations to facilitate the approval of options for ETFs linked to commodities such as Bitcoin
