Based on the most recent data, NYSE alternate has withdrawn its software for choices buying and selling on Bitcoin Spot ETFs. CBOE made an identical transfer up to now days and made a transfer for choices once more by submitting an amended software shortly after.
The alternate had beforehand requested a rule change to permit these choices to be listed on the Bitwise Bitcoin ETF and Grayscale Bitcoin ETF.
Nevertheless, NYSE American withdrew the provide after the Securities and Change Fee (SEC) set an extended evaluation interval for the provide.
The transfer follows a sequence of comparable pullbacks by different exchanges together with MIAX, MIAX Pearl, and BOX Change. Earlier this yr, the SEC authorized a number of spot Bitcoin ETFs from main corporations together with BlackRock, Grayscale, and Constancy.
*This isn’t funding recommendation.