[SEC Reviews Cboe Bitcoin ETF Options Quotation Rule Change Proposal] The U.S. Securities and Exchange Commission (SEC) has announced the initiation of a review process for the proposed amendment to Rule 5.4(a) submitted by the Cboe Exchange. The proposal suggests adjusting the minimum quotation increment for Mini Bitcoin America ETF Index (MBTX) options as follows: $0.01 for contracts priced below $3, and $0.05 for contracts priced at $3 or above. This adjustment aims to enhance market liquidity and align with competing products such as IBIT options. The SEC will collect public comments before deciding whether to approve the proposal.