SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review

The U.S. Securities and Exchange Commission kept Nasdaq PHLX’s proposed Bitcoin index options on hold after granting CME Group’s petition for a full Commission review. Summary SEC commissioners granted CME’s petition, keeping Nasdaq’s Bitcoin index options approval stayed pending further order. Written statements supporting or opposing the approval must reach the SEC by August 24, 2026. CME argues Bitcoin index options are commodity swaps falling under the CFTC’s exclusive federal jurisdiction. The SEC issued the order on July 29, and its Aug. 3 publication in the Federal Register set Aug. 24 as the deadline for written statements supporting or opposing the earlier approval. The order does not decide whether CME’s jurisdictional challenge is correct. It accepts the matter for review and leaves the May 22 approval stayed until the Commission issues another order. JUST IN: SEC freezes Nasdaq Bitcoin options approvalThe decision follows a jurisdictional challenge from CME regarding Bitcoin’s commodity status pic.twitter.com/bXAJqTj1mH— crypto.news (@cryptodotnews) August 2, 2026 SEC review leaves Nasdaq Bitcoin options unable to launch Nasdaq PHLX proposed cash-settled, European-style...