đ Big news in the crypto world! The SEC has given the green light for Nasdaq to list options on Blackrockâs iShares Bitcoin Trust ETF (IBIT). This is the first time options tied to spot Bitcoin (BTC) have been approved for US trading.
- Jeff Park from Bitwise Invest calls it a "monumental advancement," opening "extremely compelling opportunities" for investors.
- With the Options Clearing Corporation (OCC) safeguarding trades, Bitcoin's market exposure could grow exponentially without default risks.
- Analysts expect more approvals soon, potentially leading to a surge in similar products on other exchanges.
Hold onto your crypto wallets, folks! đ