U.S. SEC Approves Nasdaq's Bitcoin Index Options; Wall Street Embraces Crypto Assets

KuCoinFlash

Release Time: 05/23/2026 02:26:19

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Summary

Bitcoin market news broke on May 23 as the U.S. SEC approved Nasdaq’s Bitcoin index options. The product provides traders with a new way to gain exposure to Bitcoin prices without holding spot BTC or ETFs. This move follows the success of Bitcoin ETFs such as BlackRock’s iShares Bitcoin Trust (IBIT). Bitcoin news continues to reflect growing interest from Wall Street.

BlockBeats news, on May 23, Bloomberg reported that the U.S. Securities and Exchange Commission (SEC) has approved Nasdaq to launch index options based on the price of Bitcoin.

The product is reported to provide U.S. stock market traders with a new type of Bitcoin price exposure tool beyond spot Bitcoin ETF options, allowing investors to trade and hedge against BTC price movements via Bitcoin index options without directly holding spot Bitcoin or ETFs.

The market views this approval as further evidence that traditional financial markets and the cryptocurrency asset ecosystem are accelerating their integration. Previously, options on spot Bitcoin ETFs such as BlackRock’s iShares Bitcoin Trust (IBIT) have already been widely traded in the market.

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