News and Analytics

0

Nasdaq and CF Benchmarks Launch Bitcoin Index Options

Aug 27, 2024
  1. Nasdaq and CF Benchmarks Partnership
  2. Nasdaq Representative's Comment
  3. Market Reaction

Recently, Nasdaq and CF Benchmarks announced a joint application to the SEC to list Bitcoin index options. This is an important event for investors, offering new opportunities for positions in cryptocurrencies.

Nasdaq and CF Benchmarks Partnership

Nasdaq and CF Benchmarks jointly applied to the SEC to list Bitcoin index options. Upon regulatory approval, investors will be able to take positions in cryptocurrencies via options, which may help recover option volumes for BTC.

Nasdaq Representative's Comment

Nasdaq Vice President Greg Ferrari said: "We are proud to partner with CF Benchmarks for Nasdaq Bitcoin Index Options and to offer market participants reliable investment pathways to access the digital asset ecosystem. This collaboration further merges the innovative crypto environment with the flexibility and reliability of traditional securities markets, marking a significant milestone in expanding the maturity of the digital assets market."

We are proud to partner with CF Benchmarks for Nasdaq Bitcoin Index Options and to offer market participants reliable investment pathways to access the digital asset ecosystem. This collaboration further merges the innovative crypto environment with the flexibility and reliability of traditional securities markets, marking a significant milestone in expanding the maturity of the digital assets market.Greg Ferrari, Vice President of Nasdaq

Market Reaction

The price of Bitcoin briefly surpassed $62,400 following the announcement but approached previous levels due to ongoing sales.

This event may have a positive impact on the long-term prospects of the cryptocurrency market, increasing capital inflows and attracting new investors.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like