The U.S. Securities and Exchange Commission (SEC) announced it has begun reviewing a proposal from the Cboe Options Exchange (CBOE) to change the tick sizes for its Mini Bitcoin U.S. ETF Index (MBTX) options. The proposal includes adjusting the minimum price increment, or tick size, to $0.01 for options priced under $3 and $0.05 for those priced at $3 or more. CBOE submitted the proposal to the SEC in late September, arguing that the change is necessary for consistency with BlackRock's spot BTC ETF, IBIT, which already uses a finer tick size.
SEC starts review of CBOE's proposed change to Bitcoin ETF option tick sizes
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





