**SEC Approves Nasdaq to List Bitcoin ETF Options**
Big news in the crypto world! The SEC has given Nasdaq the green light to list and trade options for BlackRock's spot Bitcoin ETF, known as the iShares Bitcoin Trust (ticker symbol: IBIT).
- **Approval Date**: September 20
- **Trading Details**: Options on IBIT will be traded like other ETF options, following the same rules and standards.
- **Settlement**: These options will be physically settled with American-style exercise.
This move marks a significant step for Bitcoin ETFs, and more updates are expected soon. Stay tuned!