CFTC Clears Way for Bitcoin ETF Options

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The US Commodity Futures Trading Commission (CFTC) has announced that it will no longer be involved in the clearing of Bitcoin ETF options.

The agency has delegated this responsibility to the Options Clearing Corporation (OCC), the sole issuer of all equity options in the US.

The CFTC’s decision is based on the legal classification of Bitcoin ETF shares as securities, falling under the jurisdiction of the Securities and Exchange Commission (SEC). As a result, the OCC now holds the final authority to decide on the listing of these options.

Market experts believe that the OCC’s approval for Bitcoin ETF options could be imminent, potentially speeding up the timeline for their launch.

While initial expectations were for approval in late Q1 2025, the CFTC’s recent move suggests an earlier timeline.