Nasdaq to Introduce Bitcoin Index Options
May 23, 2026 at 09:05
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✦ AI Summary
- SEC gives the green light for Nasdaq's new product
- Options will trade under the ticker QBTC on Phlx
- CFTC approval pending before trading commences
The Securities and Exchange Commission (SEC) has approved Nasdaq's initiative to offer Bitcoin index options. This development will enable cash-settled, European-style contracts to be traded under the ticker symbol QBTC on the Philadelphia Stock Exchange (Phlx). However, before trading activities can commence, the options must still receive the necessary approval from the Commodity Futures Trading Commission (CFTC).
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