Matthew Sigel, the head of digital assets research at VanEck, has criticized the US Securities and Exchange Commission (SEC) for delaying a response to a proposal for options trading on the firm’s Bitcoin Spot ETF. Despite a crypto-friendly policy under the previous administration, the SEC has been slow in responding to recent digital asset-related ETF proposals. The Chicago Board of Exchange (Cboe) submitted a proposal on April 3, 2025, to list options trading on the VanEck Bitcoin ETF (HODL). Options trading allows investors to buy and sell assets at specific prices before set dates. While the SEC has approved multiple Bitcoin ETFs, including Fidelity Wise Origin Bitcoin Fund and BlackRock iShares Bitcoin Trust, they have delayed responding to Cboe's proposal. Sigel criticized the lack of transparency and feedback from the SEC, especially since options trading has been approved for other Bitcoin ETFs. Bitcoin's current price is $108,349, showing gains over the past seven and 30 days. Read more AI-generated news on: https://app.chaingpt.org/news

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