SECGeneralMay 28, 2026

SEC Approves Nasdaq Bitcoin Index Options Listing on Nasdaq PHLX

The SEC has granted accelerated approval for Nasdaq PHLX to list and trade Nasdaq Bitcoin Index Options, as modified by Amendment No. 1. This expands the regulated derivatives landscape for Bitcoin, creating new compliance obligations around suitability, margin, and AML screening for broker-dealers and clearing firms that handle these products. Firms offering or clearing these options will need to ensure their compliance frameworks cover this new instrument class.

What to do

Review your firm's AML program, suitability policies, and clearing agreements to confirm they extend to Bitcoin index options, and update relevant written supervisory procedures before offering or clearing these products.

Who this affects

Broker-Dealer / RIACrypto ExchangeCrypto CustodianTrust Company

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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