SEC Sets Aug. 24 Deadline in Nasdaq Bitcoin Options Review

SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review

The SEC kept Nasdaq’s cash-settled Bitcoin index options paused while reviewing CME’s jurisdiction challenge, with statements due Aug. 24.

SEC keeps Nasdaq bitcoin options on hold after granting CME review

CME freezes Nasdaq’s major Bitcoin launch, warning a legal loophole could upend the entire commodities market

Nasdaq PHLX’s proposed Bitcoin index options remain frozen as CME Group challenges the SEC’s authority to approve them. The Securities and Exchange Commission (SEC) granted CME’s petition on July 29 to review the agency’s May approval of QBTC. The approval had been automatically stayed since CME filed notice of its challenge on June 11, and the agency has set no deadline for deciding the case. Public statements are due Aug. 24. Related Reading …

Nasdaq Bitcoin Options On Hold as SEC Grants CME Review

Nasdaq Bitcoin options remain on hold after the SEC granted CME Group's petition for review on July 29, 2026. The stay leaves Nasdaq's QBTC contracts frozen pending an August 24, 2026 public comment deadline and a final commission ruling.

SEC keeps Nasdaq PHLX cash-settled bitcoin index options proposal on hold

The U.S. Securities and Exchange Commission has kept Nasdaq PHLX’s proposal for cash-settled bitcoin index options on hold, extending the regulatory wait for a new bitcoin-linked derivatives product rather than approving or rejecting it outright. What the SEC put on hold in the Nasdaq PHLX filing The proposal was filed by Nasdaq PHLX under rule filing SR-Phlx-2025-31, which covers the exchange’s plan to list and trade cash-settled options tied t…