Published on March 07, 2024 17:27 GMT+00:00edited on March 07, 2024 17:31 GMT+00:00

The Securities and Exchange Commission is delaying a decision on whether to allow Nasdaq ISE, LLC to list and trade options on BlackRock's spot bitcoin exchange-traded fund until next month. 

The SEC said it was extending the time period to make a decision on whether to "either approve or disapprove, or institute proceedings"  until April 24, according to a filing made on Thursday. 

"The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change," the SEC said.

The SEC had previously asked for comments from the public on whether Nasdaq would be able to allow for options trading on BlackRock's spot bitcoin ETF. That had garnered five comments from …