SEC Greenlights BlackRock’s Spot Bitcoin ETF Options Proposal
The U.S. Securities and Exchange Commission (SEC) has given the go-ahead for BlackRock’s proposal to list and trade options for its spot Bitcoin ETF, as reported by Odaily. This approval is seen as a pivotal development for institutional investors, potentially reshaping their engagement with Bitcoin and influencing demand for the cryptocurrency. Analysts believe this move could open new avenues for investment strategies and increase overall market participation in Bitcoin, marking a significant shift in the regulatory landscape.