Cboe BZX options standards for trusts holding multiple crypto assets

What changed

The SEC waived Cboe BZX's operative delay on October 13, 2026, making its crypto-trust options amendments operative upon the September 29 filing. Each underlying crypto asset must meet a $700 million average daily global market-value threshold over the preceding 12 months. Cboe BZX also requires derivatives-market surveillance sharing and continued compliance checks. The SEC published its action on October 16, 2026.

Who it affects

• Advisers and brokers evaluating options on trusts holding multiple crypto assets face additional listing opportunities.

What is still open

• Cboe BZX identifies no product launch date in this filing.
• The SEC retains authority to suspend the amendments within 60 days of filing.

What it means for an advisor

• Confirm the underlying trust's assets, options availability, liquidity, and client authorization before recommending a trade.