Bitcoin

The US Securities and Exchange Commission (SEC) has sanctioned options trading on <a href="https://optimisus.com/market/market-news/blackrocks-bitcoin-etf-saw-minimal-inflows-in-september/" rel="noopener noreferrer nofollow">BlackRock&#39;s iShares Bitcoin Trust (IBIT)</a>, offering investors a novel instrument for hedging and mitigating risks associated with Bitcoin&#39;s valuation.The options will function comparably to existing ETF options traded on US markets and will be subject to rigorous surveillance and control.Significant modifications in the clearance procedure encompass conservative stances and exercise limitations, restricting options to 25,000 contracts, alongside anti-manipulation strategies such as real-time pattern monitoring and post-trade oversight.This improved regulatory structure is essential due to Bitcoin&#39;s volatility, which continues to be a concern for investors and authorities. The approval process commenced on January 9, 2024, when Nasdaq ISE submitted a petition to list and trade options on BlackRock&#39;s Spot Bitcoin ETF.The authorization of options trading on <a href="https://optimisus.com/market/market-news/blackrock-launches-its-ethereum-etf-on-brazils-b3-stock-exchange/" rel="noopener noreferrer nofollow">BlackRock&#39;s Spot Bitcoin ETF</a> signifies a crucial advancement in the development of cryptocurrency, providing institutions with enhanced instruments to hedge and manage Bitcoin risk.

The SEC approves options trading for BlackRock's Bitcoin ETF with strict oversight

Optimisus

Other articles published on Sep 22, 2024

MicroStrategy’s Massive $1 Billion Bitcoin Buy Fuels BTC Growth Hopes

VeChain Gains U.S. Patent for Securing User Authentication in Blockchain

Cryptocurrency Markets Brace for Key Events

Top 7 Altcoins Expected to Multiply Investments by 20,000%

U.S. Court Fines Crypto and Forex Fraudster $36 Million

FET & Toncoin Surge; Investors Now Eye IntelMarkets for This Week’s Gains

Join our free newsletter for daily crypto updates!