Nasdaq seeks SEC approval for bitcoin index options

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Nasdaq seeks SEC approval for bitcoin index options
Bitcoin IndexTrade OptionsIndex Options
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Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday. The U.S. Securities...

- Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday.

"It's important for options on bitcoin to be available for this asset class to be fully normalized," said Matt Hougan, chief investment officer of Bitwise, one of the group of asset managers that brought bitcoin ETFs to market this year. "We're missing a part of the liquidity picture that ETF options would provide."

While waiting for regulators to approve or deny options on the new spot bitcoin ETFs, traders have turned to other products, such as recently-launched leveraged ETFs tied to bitcoin and options on those funds. The governments of Canada and Québec announced the immediate launch of a request for qualifications by the Société d'habitation du Québec to design and build 500 highly prefabricated housing units across Quebec.SAO PAULO — The 4-year-old boy struggled to balance while walking through the living room. His mother’s eyes attentively followed his every move. Then a seizure knocked him to the ground, the dull thud of his small body echoing through the home.

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