Nasdaq seeks SEC approval for Bitcoin index options

BlockBeats news, August 27, according to Reuters, Nasdaq (NDAQ.O) said on Tuesday that it is seeking regulatory approval to launch and trade Bitcoin index options.

The U.S. Securities and Exchange Commission (SEC) has not approved any options based on trading platform-traded funds related to spot Bitcoin prices, which debuted in January, including Nasdaq's application to trade options on BlackRock's iShares Bitcoin Trust ETF (IBIT.O).