Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead
The SEC authorised Nasdaq PHLX’s proposed rule change to checklist Nasdaq Bitcoin Index Options on May 22, clearing a serious regulatory step towards bringing cash-settled Bitcoin volatility buying and selling contained in the US-listed options infrastructure. The contracts, ticker QBTC, are cash-settled in US {dollars} towards a Bitcoin benchmark and match inside the similar account…
