SEC Clears Nasdaq ISE for Options on Digital Commodity ETPs
The SEC has cleared Nasdaq ISE to list options on digital commodity exchange-traded products, widening crypto derivatives beyond Bitcoin and Ether.
The U.S. Securities and Exchange Commission has cleared Nasdaq ISE to list options on digital commodity exchange-traded products, according to Genfinity. The regulatory decision expands exchange-traded derivatives availability beyond products tracking Bitcoin and Ether.
Broadening Crypto Derivatives
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The regulatory clearance enables Nasdaq ISE to support options contracts across a wider range of digital commodity ETPs. Until now, listed options on digital asset funds have remained primarily concentrated in products tied directly to the two largest cryptocurrencies by market capitalization.
Key facts
- The SEC cleared Nasdaq ISE to list options on digital commodity ETPs.
- The clearance extends listed derivatives beyond Bitcoin and Ether funds.
- The options will be made available on the Nasdaq ISE exchange.
Source: news.google.com
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