The U.S. Securities and Exchange Commission has approved options trading tied to the Nasdaq Bitcoin Index, a move that could deepen the range of ‘risk-management' tools available to institutional investors as crypto-linked derivatives continue to migrate into regulated venues. Watcher.Guru reported the SEC decision, which allows market participants to trade listed options referencing the Nasdaq benchmark for Bitcoin (BTC).
A crypto founder and pundit recently took to the social media platform X to highlight a notable divergence between the Ethereum and Bitcoin markets. According to the analyst, the world's leading cryptocurrencies could be nearing levels that would soon reverse their current price trajectories.