SEC approves binary options linked to Coinbase volume and MARA Bitcoin production
+1 new source since this summary was written
The U.S. Securities and Exchange Commission voted on October 13 to approve a rule change that allows standardized binary options tied to specific corporate performance metrics. The contracts cover Coinbase's trading volume and revenue measures, MARA's Bitcoin production, and Robinhood's customer activity, settling in cash at expiration. The products will trade on regulated exchanges under existing securities‑based options rules.
Why it matters
The approval creates a regulated way for investors to gain exposure to crypto‑market activity without holding tokens, but it does not settle the broader SEC‑CFTC jurisdictional divide, leaving other similar products outside the SEC’s scope.
Key facts
- 1The SEC approved the listing of binary options tied to corporate performance metrics on October 13. crypto.news
- 2Companies covered by the approved contracts include Coinbase, MARA and Robinhood. crypto.news
- 3The options are cash‑settled, European‑style contracts that can be exercised only at expiration. cryptonews.com
- 4Coinbase reported second‑quarter 2026 revenue of $1.22 billion and a net loss of $359.5 million. crypto.news
- 5MARA produced 2,422 BTC in the reported period. cryptonews.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.