Crypto investment firm Galaxy Digital has received approval from the U.S. Securities and Exchange Commission (SEC) to list and trade spot Bitcoin ETF options on Nasdaq. However, further regulatory approvals from the U.S. Commodity Futures Trading Commission (CFTC) and the Office of the Comptroller of the Currency (OCC) are still required before trading can start. The launch of spot Bitcoin ETF options will come with strict conditions, including close monitoring for market manipulation. Galaxy Digital sees these options as a way to offset Bitcoin's price volatility, boost investor confidence, and deepen market liquidity. Institutional interest in Bitcoin continues to grow, with developments like Bank of New York Mellon launching digital asset custody services.



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