The U.S. Securities and Exchange Commission (SEC) approved the listing and trading of BlackRock Bitcoin Spot ETF (IBIT) options (or options) on Nasdaq in September, and accelerated the approval of other ETF options in one go on 10/18 Rights are listed on the NYSE and Cboe exchanges.
(SEC approves IBIT option listing, what impact will it have on Bitcoin?)
SEC expedites approval of multiple Bitcoin spot ETF options
According to SEC documents, it has accelerated the approval of the listing of other Bitcoin spot ETF options on 10/18 and allowed them to be listed on multiple exchanges at the same time. Chain News has organized them in the following table. All Bitcoin spot ETFs, including gray The highly-spun Mini Bitcoin Trust BTC is included, and BlackRock’s IBIT is listed on three exchanges at the same time.
Bloomberg Analyst: Have heard good news about the process
Bloomberg analyst Eric Balchunas said that since BlackRock’s Bitcoin Spot ETF (IBIT) option has already been approved for listing on the Nasdaq exchange, this approval is not a big surprise. But it's still good news, since the SEC is the biggest obstacle to such approval.
Balchunas previously mentioned that the commodity also requires approval from the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), both of which are not time-limited. However, he also said he has heard good news about the process, although the exact date of the listing is still unclear.
They approved same thing for Nasdaq recently so not a big surprise but still good news as SEC was big hurdle. We hearing good things about the rest of process altho exact timeline for listing date still unclear. https://t.co/N9squVSXfS
— Eric Balchunas (@EricBalchunas) October 18, 2024
Bitcoin once rose to 69K
Last night, Bitcoin once rose to 69K, which is also the highest since August. Whether it can use this profit to challenge the historical high of $73,798 set in March this year remains to be seen.
This article SEC fully approves the listing of Bitcoin spot ETF options first appeared on Chain News ABMedia.
