đ Big News in Crypto! đ
The SEC has approved Nasdaq's proposal to list and trade options on BlackRockâs iShares Bitcoin Trust (IBIT) after an extensive 8-month review. This approval marks a significant milestone for Bitcoin ETFs, with options on IBIT being physically settled with American-style exercise.
Key Points:
- Approval followed multiple amendments by Nasdaq.
- Options on IBIT will adhere to existing ETF option rules.
- Crypto analysts are calling this move ultra bullish.
What do you think? Share your thoughts in the comments! đŹ
#CryptoNews #BitcoinETFs