According to Bloomberg Intelligence analyst James Seyffart, options on Bitcoin ETFs are expected to launch in the US in the first quarter of 2025.
Despite the possibility of launch before the end of this year, Seyffart predicts a more likely timeline of Q1 2025, as he mentioned during a panel discussion at the Permissionless conference on October 9.
The SEC has given Nasdaq approval for the listing of options linked to BlackRock's Bitcoin ETF, iShares Bitcoin Trust (IBIT). However, final approvals from the Commodity Futures Trading Commission (CFTC) and the Options Clearing Corporation (OCC) are still pending.
Seyffart explained that, unlike the SEC, the CFTC and OCC do not have strict deadlines, and could further delay the launch if they wish.