Bloomberg stock analyst believes that the US Securities and Exchange Commission (SEC) may allow options trading on spot Bitcoin ETFs by the end of February.
James Seyffart announced on his X (formerly Twitter) page that the US agency has already accepted Form 19b-4 applications for the ability to trade such options.
According to the analyst, the options could be approved in February if the Commission itself wants to speed up the adoption process. To be more precise, says James Seyffarth, the options could be approved between February 15th and September 21st of this year.
On January 11, the SEC approved all 11 applications for spot Bitcoin ETFs. The trading volume of shares of these exchange-traded funds already reached $4.5 billion on January 12.