IEX Launches Options Trading, Files to List Bitcoin ETF Options
- —Underlying assets must average at least $700 million in daily market value over 12 months
- —The threshold is verified monthly; surveillance requirements apply continuously
- —IBIT options position and exercise limits aligned with other exchanges
- —SEC waived the 30-day delay; public comment runs for 21 days
Why it matters: It adds another U.S. venue for options on spot Bitcoin and Ether funds, giving traders a cheaper way to hedge exposure to the most heavily traded crypto products.
Source: BlockchainReporter