SEC Makes Cboe BZX Multi-Crypto Options Listing Rules Operative
- —$700 million average daily market value threshold over 12 months per asset
- —Each asset must underlie a derivatives contract on a market with a surveillance-sharing agreement
- —SEC waived the 30-day delay; rule operative upon the October 13 filing
- —Rules also updated for options on ETFs qualifying under Rule 6c-11
Why it matters: Broadens access to options on multi-crypto products and sets a standard for future listings, reducing regulatory uncertainty.
Source: The Crypto Times