Bitcoin ETF

The US Securities and Exchange Commission (SEC) has <a href="https://t.co/NxcnzvuPmA" rel="noopener noreferrer nofollow">approved</a> options trading for BlackRock&#39;s iShares Bitcoin exchange-traded fund (ETF). This decision on September 20 allows Nasdaq to list and trade these options. It introduces a new way for investors to engage with Bitcoin.Options trading for the iShares Bitcoin Trust with the label IBIT, will take place on the Nasdaq exchange. These options will be physically settled and adhere to U.S trading regulations. Investors can exercise the options at any point before they expire. This flexibility helps them manage their strategies against Bitcoin’s price volatility.Related: <a href="https://cryptotale.org/blackrocks-ibit-etf-sees-13-5m-outflow-amid-crypto-slump/" rel="noopener noreferrer nofollow">BlackRock’s IBIT ETF Sees $13.5M Outflow Amid Crypto Slump</a>This new trading capability is expected to attract more institutional investors to the Bitcoin market. Bitcoin&#39;s notable volatility provides a unique opportunity. Investors can manage risks or capitalize on price movements by setting specific prices for future buying or selling.Regulatory Path and Analyst ViewsThe SEC&#39;s approval is crucial, but the product also requires green lights from the Options Clearing Corporation (OCC) and the Commodity Futures Trading Commission (CFTC). Approvals from these bodies are pending with no fixed timeline. Financial analysts like Eric Balchunas from Bloomberg are <a href="https://x.com/EricBalchunas/status/1837242504552534091" rel="noopener noreferrer nofollow">optimistic</a> about quick subsequent approvals.This approval is part of a broader trend of incorporating Bitcoin into regulated financial instruments. Earlier this year, BlackRock and <a href="https://cryptotale.org/blackrock-warns-investors-of-rising-crypto-scams-amid-ethereum-etf-launch/" rel="noopener noreferrer nofollow">Nasdaq sought SEC approval</a> for this product shortly after the <a href="https://cryptotale.org/blackrock-warns-investors-of-rising-crypto-scams-amid-ethereum-etf-launch/" rel="noopener noreferrer nofollow">approval of Bitcoin spot ETFs in January</a>.<a href="https://cryptotale.org/sec-approves-bitcoin-options-trading-for-blackrocks-ibit/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information Website | Twitter | Telegram | Instagram |

SEC Approves Bitcoin Options Trading for BlackRock's IBIT

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