November 16, 2021

Traders celebrate Bitcoin’s impending ETF, but options markets are less certain By Cointelegraph

The United States Securities and Exchange Commission, or SEC, is expected to rule on Oct. 18 whether to approve an application from asset manager ProShare Capital Management for a exchange-traded fund (ETF).

As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator is more inclined to approve indirect-exposure Bitcoin futures ETFs under the Investment Company Act of 1940.

Bitcoin Oct. 29 call options price in BTC. Source: Deribit