The American and Nasdaq International Securities Exchanges (ISE) of the New York Stock Exchange (NYSE) recently withdrew multiple proposals for rule modifications related to the listing of options on exchange-traded funds (ETFs) for Bitcoin (BTC) and Ether (ETH).
These withdrawals were formally recorded in regulatory filings following the market closing on August 14 and 15. This action is the most recent development about the ongoing conversations and regulatory actions about spot Bitcoin and Ethereum ETF options in the United States.
The exchange withdrew requests to permit the listing and trading of options on the Bitwise Bitcoin ETF, Grayscale Bitcoin Trust (BTC), and any other trust holding Bitcoin and Ether. These requests were part of an effort to expand the scope of investment products available to investors.
Similarly, Nasdaq ISE retracted its proposals to allow the…
