Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»MIAX Withdraws Bitcoin ETF Options Offer
EXCHANGE NEWS

MIAX Withdraws Bitcoin ETF Options Offer

By Crypto FlexsAugust 9, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MIAX Withdraws Bitcoin ETF Options Offer
Share
Facebook Twitter LinkedIn Pinterest Email

The Miami International Stock Exchange (MIAX) just withdrew its application for options trading. Spot Bitcoin ETF. This comes after the first proposal came out in January this year after the U.S. Securities and Exchange Commission (SEC) approved a spot Bitcoin ETF. The withdrawal was announced in an SEC filing on August 1.

MIAX withdraws proposal amid regulatory uncertainty

MIAX’s decision The withdrawal comes after Better Markets raised concerns and commented on the risks of the product. Better Markets, a non-profit organization not affiliated with any political party, outlined the potential risks to investors and the financial sector. However, this does not mean that other exchanges are not still seeking similar licenses, as interest in cryptocurrency derivatives is growing.

Bloomberg Intelligence analyst James Seifert is hoping for an earlier approval of the options. He said approval could happen by the end of the month after the next options. As for further action after the final SEC decision, which is expected on September 21, Seifert said there will be some action with the Options Clearing Corporation (OCC) and the Commodity Futures Trading Commission (CFTC).

We think #bitcoin ETF options occur in Q4 of this year. The final deadline for SEC decision is ~September 21st, but after that, more steps are needed from the OCC and CFTC.

Here are some BTC and ETH related ETFs that already include leverage with options: cc @Eric Balchunas Korean: https://t.co/xErD5oPiWb pic.twitter.com/USauv6QaFs

— James Seyfert (@JSeyff) August 8, 2024

The industry welcomed the approval of options on a spot Bitcoin ETF as a natural evolution of events similar to those seen with spot gold ETFs. Michael Sonnenshein, former Grayscale The CEO also agrees with this view, saying it is within the acceptable existing regulatory framework. While MIAX is retreating, other market centers such as NYSE Arca are pushing forward with the proposal.

The public reacted to MIAX’s decision with mixed reactions, with some viewing it as a precautionary measure due to the rather unstable regulatory environment. On the contrary, the general sentiment among leading representatives of the sector remains in favor of adding cryptocurrencies to existing financial products.

Also Read: Wells Fargo May Soon Offer Bitcoin ETF to Certain Customers

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 2025

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025
Add A Comment

Comments are closed.

Recent Posts

ETFs and liquidity drive outlook for 2026

October 19, 2025

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Billionaire Tim Draper Leads $3.2M Seed Round For Ryder To Replace Seed Phrases With TapSafe Recovery

October 18, 2025

IRANcoin Global Reserve (IRCOIN) launches to reshape global digital payments

October 18, 2025

Fusaka Update – Information for Blob Users

October 18, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 18, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ETFs and liquidity drive outlook for 2026

October 19, 2025

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Billionaire Tim Draper Leads $3.2M Seed Round For Ryder To Replace Seed Phrases With TapSafe Recovery

October 18, 2025
Most Popular

Sui, S3’s Stablecoin Studio Provides Compatible Payment Processing Stablecoin Applications to Sui Developers

March 9, 2024

NFT Market Declines in 2023, but Bitcoin and Solana NFTs Offer Significant Opportunity

January 3, 2024

Ether Leeum holders as ETH Price entered the ‘important area’ in $ 3K breakout.

May 22, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.