There has been movement in the potential approval of Bitcoin exchange-traded fund (ETF) options, as the Chicago Board Options Exchange (CBOE) has re-filed its application. The CBOE initially withdrew its application for options on spot Bitcoin ETFs but quickly replaced it with a more detailed filing. This re-filing is seen as a positive sign, indicating that the U.S. Securities and Exchange Commission (SEC) may be engaging in the process rather than outright denying it.