Nasdaq Seeks SEC Approval for Bitcoin Index Options, Aims to Boost Crypto Market Maturity
Nasdaq partners with CF Benchmarks to introduce Bitcoin Index Options, enhancing risk management tools and liquidity in the crypto market, pending SEC approval.
Nasdaq, in collaboration with CF Benchmarks, has filed with the Securities and Exchange Commission (SEC) to list and trade the Nasdaq Bitcoin Index Options (XBTX). If approved, this new product will offer investors a sophisticated tool to manage and hedge their Bitcoin investments through options, which the Nasdaq said will further "the maturity and liquidity of the asset class."
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