🚀 BlackRock, the global investment giant, has just submitted its intention to purchase a spot Bitcoin ETF through its global allocation fund (MALOX) to the SEC! Will this be the start of a new era for the crypto industry? 🤔

Here are the important points:

- MALOX may purchase shares of BlackRock spot Bitcoin ETFs, IBIT, and ETFs offered by other issuers.

- BlackRock also recently filed a similar intent for its Strategic Income Opportunities Fund (BSIIX) on March 4.

- The SEC postponed a decision on the Nasdaq option for BlackRock's Bitcoin ETF until April 24, giving an additional 45 days to consider the request.

Industry leaders such as Catherine Clay (Cboe Global Markets) and Michael Sonnenshein (Grayscale CEO) support options trading for spot Bitcoin ETFs, as they believe options will help investors manage risk and achieve investment goals.

What do you think about BlackRock's move? Do you agree that options will help investors? Come on, discuss in the comments column! 😄

#BlackRock#Bitcoin#ETF#SEC #CryptoInvestment