CBOE Resubmits Application for Bitcoin ETF Options as Approval Looms
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CBOE has withdrawn its original application for options on spot Bitcoin ETFs, only to resubmit a more comprehensive version almost immediately.
Following the move, Bloomberg ETF analyst James Seyffart said on X that there is “definitely some movement on Bitcoin ETF options.”
Seyffart clarified that the new filing, a 44-page document, replaced the original 15-page application.
The updated filing includes more detailed information, particularly regarding position limits and concerns over market manipulation.
This suggests that the SEC may have provided feedback, leading to the enhanced application.
While it is not confirmed whether the SEC is actively engaging with the CBOE on this matter, Seyffart speculated that the move could be a strategic one to “restart the clock,” potentially pushing the decision deadline back to late April 2025.
Despite this uncertainty, Bloomberg analysts remain optimistic that Bitcoin ETF options could be approved by the fourth quarter of this year.
UPDATE: There's definitely some movement on Bitcoin ETF options.
CBOE just withdrew their application for options on spot #Bitcoin ETFs. Which sounds like a bad thing at first… But at the same time they just re-filed a brand new and updated application https://t.co/L8qYTDXzPb pic.twitter.com/8BQG6JMROn
The SEC’s final decision deadline is around September 21, but further steps will be required from the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC) before options trading can commence.
In January, the NYSE
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