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SEC approves Nasdaq PHLX to list cash settled Bitcoin index options under ticker QBTC, tied to CME CF Bitcoin Real Time Index, with launch expected no earlier than late 2026.
The SEC has approved Nasdaq PHLX to list cash-settled Bitcoin index options under ticker QBTC.
KEY POINTS
- QBTC options will track the CME CF Bitcoin Real-Time Index, using pricing from multiple exchanges.
- Each QBTC contract will represent one Bitcoin, smaller than CME's five-Bitcoin options contract.
- The options' launch is expected no earlier than late 2026, pending further regulatory approvals.
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