2025-02557Notice

SEC Pauses Bitcoin Options Party: More Time for Grayscale Review

Published Date: 2/13/2025

Notice

Summary

NYSE American wants to add flexible options for the Grayscale Bitcoin Trust, giving investors more ways to trade. The SEC is taking extra time to review this change, pushing their decision deadline to March 27, 2025. This affects anyone interested in Bitcoin-related trading and could open new money-making moves once approved.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

FLEX Options Proposed for Grayscale Bitcoin Trust

If you own or trade shares of the Grayscale Bitcoin Trust, NYSE American filed a proposal on December 13, 2024 to permit Flexible Exchange ("FLEX") options on those shares. The proposal was published for comment on December 27, 2024, the Commission received no comments, and the SEC has set March 27, 2025 as the date by which it will approve, disapprove, or institute proceedings on the change.

Your PRIA Score

Score Hidden

Personalized for You

How does this regulation affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Key Dates

Published Date
Effective Date
2/13/2025
3/27/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
Source: View HTML
Back to Federal Register

Take It Personal

Get Your Personalized Policy View

Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in