Bloomberg Analyst: SEC Could Approve Options for Spot Bitcoin ETF Within 60 Days
Bloomberg analyst James Seyffart stated on X platform that the New York Stock Exchange (NYSE) had previously submitted a 19b-4 application seeking approval for options products linked to a spot Bitcoin ETF. Theoretically, the SEC could expedite the approval process, with the first deadline within 60 days. However, there's also the possibility of repeated delays, potentially extending until late September or early October. Seyffart noted that the SEC still holds the option to reject the product.
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