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via Cointelegraph · By Cointelegraph Staff
SEC Approves Nasdaq Bitcoin Index Options
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CS
Cointelegraph Staff(09:05 AM UTC)
1 min read
The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange.
The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF Bitcoin Real Time Index, which updates with data from major cryptocurrency exchanges every 200 milliseconds. The…
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