SEC Approves Bitcoin Price-Based Index Options on Nasdaq

The U.S. Securities and Exchange Commission (SEC) has approved the listing of index options based on Bitcoin prices on Nasdaq. According to ChainCatcher, this development indicates a further integration of Wall Street with the digital asset market.

This new product will offer U.S. stock traders an additional method to speculate on Bitcoin price movements, alongside existing options like the iShares Bitcoin Trust ETF and similar fund options.

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