So, you say there’s a chance, SEC conditionally approves Nasdaq crypto options plan

Crypto markets also drew support from news that Nasdaq PHLX received conditional approval from the U.S. Securities and Exchange Commission to list cash-settled Bitcoin index options under the ticker QBTC, pending final approval from the Commodity Futures Trading Commission.

The proposed contracts will track the CME CF Bitcoin Real Time Index and settle in U.S. dollars rather than physical Bitcoin, allowing investors to trade the instruments through traditional brokerage accounts without opening separate crypto derivatives accounts.