News

SEC approves BlackRock's application to trade options for a spot bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has approved a joint application by BlackRock and Nasdaq to launch trading in options on the shares of spot bitcoin ETFs. 

The agency has authorized trading and listing of this product for the iShares Bitcoin Trust under the IBIT ticker symbol.

Exciting news! The SEC approval for trading options on spot bitcoin ETF shares is a significant step towards mainstream acceptance of cryptocurrency investments. This move by BlackRock and Nasdaq could potentially attract more traditional investors to the crypto market. 🚀