Claim $500US SEC Deliberates Nasdaq Bitcoin Index Options Approval amid Rising Derivatives Demand
Highlights
- US SEC advances proceedings on Nasdaq Bitcoin Index Options.
- BlackRock Bitcoin ETF (IBIT) options open interest surpasses over 6.7 million.
- BTC price trades under selling pressure with low trading volume.
The US Securities and Exchange Commission (SEC) is moving forward with its review of a proposal to list and trade options on the Nasdaq Bitcoin Index. At the same time, the exchange is also seeking approval for FLEX options on the BlackRock Bitcoin ETF (IBIT) and the iShares Bitcoin Premium Income ETF.
US SEC Advances Proceedings on Nasdaq Bitcoin Index Options
The U.S. Securities and Exchange Commission (SEC) has started reviewing a proposed rule change that would let Nasdaq list and trade index options, according to the commission’s order.
The proposed rule from Nasdaq PHLX aims to introduce a new derivative product, which could help bring Bitcoin further into mainstream financial markets. This comes amid an increase in demand for Bitcoin derivatives, including options on BlackRock Bitcoin ETF (IBIT).
Notably, the US SEC extended the period to decide whether to approve or deny the proposed rule change during the government shutdown in early November.
The SEC’s decision to review the proposed Nasdaq Bitcoin Index Options rule highlights a broader effort to balance innovation with investor protection.
As CoinGape reported earlier, the SEC has also announced proceedings on Nasdaq’s filings for FLEX options on the BlackRock Bitcoin ETF (IBIT) and the iShares Bitcoin Premium Income ETF.
BlackRock Bitcoin ETF (IBIT) Among Top 10 Highest Open Interest
Options tied to BlackRock Bitcoin ETF (IBIT) have surged to become the 10th largest in the U.S. market, with over 6.7 million open interest, according to OpenCharts data.
Today, IBIT options rank third in the stocks category, following NVIDIA and Tesla. It has even surpassed gold ETFs and major tech stocks, indicating Bitcoin’s growing demand amid mainstream adoption.
This trend has accelerated the adoption of crypto-linked financial instruments, including ETFs and futures contracts, as investors seek diversified exposure to digital assets.
BTC price currently trades at $86,987, down nearly 1% in the past 24 hours. The intraday low and high are $86,606 and $88,320, respectively. Furthermore, trading volume has decreased by 26% over the last 24 hours.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- PENGU Rises Despite Crypto Market Downtrend as Pudgy Penguins Appear on Las Vegas Sphere
- Binance Lists First Nation–Backed Stablecoin; CZ Reacts
- U.S. Initial Jobless Claims Fall To 214,000; BTC Price Drops
- BlackRock Deposits Millions in Bitcoin and Ethereum as CryptoQuant Flags Growing Bear Market Risk
- NiceHash Review: Trade HashRate and effectively manage your POW mining facility
- XRP, Bitcoin, Ethereum Price Predictions Ahead of Jan 2026 CLARITY Act and US Crypto Reserve Plans
- Pi Network Analysis: Pi Coin Price Surges on Christmas Eve, Can It Hit Year-End Highs?
- Why Dec 26th Is A Do Or Die for Bitcoin Price Ahead Of Record Options Expiry?
- Why Bitcoin, Ethereum And XRP Prices Are Down Today? (24 Dec)
- XRP Price Prediction: Will 4 Billion Transactions Spark Next Rally?
- Solana Price Outlook: Will SOL Recover With Strong Institutional Buying?
