MIAX Pulls Bitcoin ETF Options Proposal

Aug 09, 2024 Aug 09, 2024

Better Markets raised risk concerns to investors and the financial sector, influencing MIAX's decision.

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Despite MIAX’s withdrawal, NYSE Arca and others continue their proposals. Analysts expect Bitcoin ETF options approval by late 2024

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Michael Sonnenshein, ex-Grayscale CEO, sees Bitcoin ETF options approval as a natural evolution, similar to spot gold ETFs.

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The public is split on MIAX’s move; some see it as cautious, while industry leaders push for more cryptocurrency instruments.

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