Spot Bitcoin ETF options set to launch on Nasdaq soon

The Options Clearing Corporation (OCC) has announced preparations for the clearance, settlement, and risk management of spot Bitcoin (CRYPTO:BTC) ETF options.

This follows the U.S. Commodity Futures Trading Commission (CFTC) issuing a staff advisory that paved the way for these investment vehicles.

The OCC’s notice, released on November 18, suggested that it is only a matter of time before U.S. exchanges begin listing spot Bitcoin ETF options, according to ETF analyst Eric Balchunas.

Alison Hennessy, who oversees exchange-traded product listings at Nasdaq, confirmed that the exchange intends to list and trade spot Bitcoin ETF options as early as November 19.

She highlighted that the offerings would include options for BlackRock’s iShares Bitcoin Trust, which has experienced significant ETF inflows in 2024.

The potential launch of these options could represent a considerable advancement in institutional cryptocurrency adoption.

The U.S. Securities and Exchange Commission (SEC) had previously approved spot Bitcoin ETFs in January, followed by spot Ether ETFs in May.

The introduction of options trading for these ETFs is anticipated to enhance the market's liquidity and provide investors with more diversified tools for crypto exposure.

Market participants view this development as a step forward for the integration of digital assets into mainstream financial instruments.

As the OCC prepares for this move, the anticipation among investors and industry experts continues to build, suggesting that the expansion of spot Bitcoin ETF options could significantly shape the future of crypto investment strategies.

At the time of reporting, the Bitcoin (BTC) price was $91,455.65.