Recent updates from COINOTAG reveal that Bitcoin spot ETFs could see options trading debuting in the United States as early as the first quarter of 2025, according to insights from Bloomberg ETF analyst James Seyffart. During a panel at the Permissionless conference on October 9, Seyffart expressed optimism that these Bitcoin spot ETF options might actually launch by year-end, although he noted a timeline extension into 2025 is more realistic. The backdrop to this development includes the SEC’s recent sanction allowing Nasdaq to list options for BlackRock’s IBIT, pending final approvals from the CFTC and the Options Clearing Corporation (OCC). Seyffart pointed out a critical distinction: while SEC regulations impose defined timeframes, the CFTC and OCC lack such constraints, potentially allowing for further postponements in the approval process.