🚀 Big News in Crypto! 🚀

The SEC has approved Nasdaq's proposal to list and trade options on BlackRock’s 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! 💬

#CryptoNews #BitcoinETFs