Institutional Crypto Lending Soars as Demand for Digital Asset Loans Increases 14% 
XRP Faces Short-Term Volatility as Legal Uncertainty Grows, Analyst Warns of Market Fluctuations 
Whale Activity Soars 1,645%: Dogecoin Positioned for Bullish Growth" 
Ethereum Whales Shift: Profits, Sentiment, and Market Moves 
Dogecoin Price Hits $0.14, But Overbought Signals Hint at Potential Correction – Here’s the Latest 
Arthur Hayes Teases 10X Rally for GOAT Crypto—Is Another Solana Meme Coin Breakout Imminent? 
Bitcoin Liquidity Explosion Incoming After SEC Shocks Markets With ETF Options Approval 
Shiba Inu Whales Abandon Trillionaire Status: SHIB Faces Uncertain Waters 
87M DOGE Whale Strikes! Massive Move Ignites Price Surge as Market Eyes $0.5 Target 
FxWirePro-Major crypto levels and bias summary 
Crypto Events Focus on Regulations as U.S. Election Nears, Industry Faces 2025 Implications 
Bitcoin's Bull Run: $70K in Sight as Whales Surge and Momentum Gains 
Shiba Inu Inches Closer to $0.00002: Will SHIB Finally Break Through This Resistance? 
Germany to Buy $19B in Bitcoin Reserves After Stunning 50K BTC Sell-Off 
Shiba Inu Volume Soars 21% to $206M – Is a Massive SHIB Price Rally Coming? 
The U.S. Securities and Exchange Commission (SEC) has approved the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list Bitcoin ETF options. This move is expected to increase liquidity in Bitcoin markets and offer investors more trading opportunities.
SEC Approves NYSE and CBOE to List Options for 11 Bitcoin ETFs, Expanding Market Access
The New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) were granted approval by the United States Securities and Exchange Commission (SEC) on October 18 to list the eagerly anticipated options for spot Bitcoin exchange-traded funds (ETFs), per Cointelegraph.
Options trading will now be accessible to the 11 approved ETF providers on the NYSE, including the Valkyrie Bitcoin Fund, Bitwise Bitcoin ETF, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree's Bitcoin Fund, Grayscale's Bitcoin Trust, Grayscale Bitcoin Mini Trust, and Fidelity Wise Origin Bitcoin Fund.
In August 2024, the Chicago Board Options Exchange applied to list options for spot Bitcoin ETF providers as part of a proposed rule change. The SEC has authorized the CBOE to list other commodity-based ETFs, except Grayscale's Bitcoin Mini Trust. This change in regulatory policy places Bitcoin ETF options in the same category for listing.
Bitcoin ETF Options Expected to Boost Liquidity and Mitigate Market Volatility, Say Investors
According to investors, introducing options for Bitcoin ETFs is anticipated to provide the Bitcoin markets with the necessary liquidity, which could spark a surge in price action.
Jeff Park, the executive of Bitwise, contended that approving options for the ETF products was a significant improvement over LedgerX and Deribit, which do not have central guarantors.
Park also suggested that the options could potentially create scenarios in which highly overleveraged short traders are "short-squeezed" and compelled to purchase Bitcoin to protect their positions:
"Saying you can't short squeeze a trillion-dollar asset is like saying you can't make an elephant dance. Sure, it's huge, but if you tie enough ropes to its legs and pull hard enough, even the biggest creature can be moved in ways it doesn't want."
According to Tom Dunleavy, the managing partner of investment firm MV Global, the introduction of options also serves as a mechanism to mitigate Bitcoin's high volatility and level out markets over time.
