Nasdaq (NDAQ.O) is seeking the green light from regulators to launch and trade options on a bitcoin index, according to an announcement from the exchange operator.
The US Securities and Exchange commission has yet to approve options based on any of the individual exchange-traded funds tied to spot bitcoin prices that made their debut in January, including a Nasdaq application to trade options on BlackRock’s (BLK.N) $21.3-billion iShares Bitcoin Trust ETF (IBIT.O).
The proposed index options ...