SEC Stalls on Bitcoin ETF's Afternoon Trading Twist
Published Date: 4/22/2025
Notice
Summary
The Cboe Exchange wants to add new options that settle in the afternoon for their Bitcoin U.S. ETF Index and Mini version, with special expiration dates like every third Friday and quarterly. The SEC is taking extra time, now until June 3, 2025, to decide if this change is good or not. This affects investors who trade Bitcoin ETF options and could open up new ways to trade with different timing.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New P.M.-Settled Bitcoin ETF Options
If you trade Bitcoin ETF options, Cboe has proposed adding P.M.-settled options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index with third Friday expirations, nonstandard expirations, and quarterly index expirations. The exchange filed the proposal on February 14, 2025, the proposal was published for comment on March 5, 2025, and the SEC will act (approve, disapprove, or start proceedings) by June 3, 2025.
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Key Dates
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