The SEC has approved options trading for BlackRockâs iShares Bitcoin Trust (IBIT) Spot $BTC ETF. Options are contracts that give the right to buy or sell an underlying asset at a specific price. The move is a major step for Bitcoin in traditional finance and for BlackRock clients who have participated in the iShares Bitcoin Trust.
Singapore-based crypto exchange BingX has been hacked, according to data from PeckShield . BingX lost about $43 million from its hot wallets. The hacker sold various altcoin assets on chain and transferred some assets to other addresses. The exchange called it âsmallâ and halted withdrawals, ensuring most of the assets were safe in cold wallets and promising a compensation plan.
Latest News: MicroStrategy, the largest public company holding Bitcoin, apparently experienced a hack on its X account that tricked several people into handing over funds to the attacker.
Breaking News: VanEck Spot Bitcoin ETF Volume Soars Over 1000% The Day Before Lower Fees Take Effect!
VanEck's spot bitcoin ETF has seen a significant increase in trading volume, reaching over $300 million as of 18:50 UTC. This is ten times higher than the previous best trading day. The ETF, which launched on Jan. 11, previously reached its highest daily trading volume of $25.5 million, according to Yahoo Finance data.