🚀 Big news in the crypto world! The US SEC just greenlit options for spot Bitcoin ETFs on the NYSE and CBOE. This means more liquidity and potentially more inflows for Bitcoin ETFs.
- **What’s the buzz?**
- SEC approval for BTC ETF options
- 11 Bitcoin ETF providers can now offer options trading
- **Why should you care?**
- More liquidity could mean higher Bitcoin prices 📈
- Institutional demand remains strong, according to QCP Capital
- **Looking ahead:**
- US presidential elections might boost risk-on assets like Bitcoin
- Bitcoin needs a weekly close above $68.7K for a breakout
What do you think? Will Bitcoin hit new highs? Drop your thoughts below! 💬