This week saw a major development in the Bitcoin world: BlackRock's iShares Spot Bitcoin ETF made a significant move by adding 36,580 Bitcoins to its holdings, representing about almost 3 months worth of mining output. Additionally, the SEC granted approval for options trading on this ETF, allowing investors new ways to hedge or manage exposure to Bitcoin's price movements. This could lead to increased liquidity and institutional involvement in the Bitcoin market, with Monday poised to bring notable market action.
