Security Status
Re: SR-Phlx-2025-08, Nasdaq Bitcoin Index Options
March 18, 2025
- Phlx proposes to list and trade Nasdaq Bitcoin Index Options as a foreign currency option under Section 3(a)(10) of the Securities Exchange Act of 1934.
- The Crypto Task Force is seeking comment on whether certain crypto assets fall within any category of financial instruments, other than investment contracts, listed in the definition of "security" in federal securities laws.
- Bitcoin is officially recognized as legal tender in El Salvador, alongside the U.S. dollar, and is considered a foreign currency under Section 3(a)(10) of the Act.
Last Reviewed or Updated: April 3, 2025