Grayscale CEO urges regulators to quickly approve spot Bitcoin ETF listing options

On February 6th, Gray CEO Sonnenshein urged regulatory agencies to approve the listing of spot Bitcoin ETF options on exchanges as soon as possible on his social media platform. Sonnenshein stated that options are advantageous for investors because the tool can help investors better manage market conditions or achieve expected results, and promote Bitcoin price discovery.

It is reported that exchange-traded options are standardized contracts that can be used to buy (using call options) or sell (using put options) a certain amount of specific financial assets at a predetermined price (exercise price) on or before the trading day.