🚀 Big news, crypto enthusiasts! The SEC has given Nasdaq the green light to list and trade options for BlackRock’s spot Bitcoin ETF, under the ticker symbol IBIT. 🎉

- In a Sept. 20 notice, the SEC approved options trading for the iShares Bitcoin Trust.

- Nasdaq will handle these options just like any other ETF options, following the same rules.

- The SEC confirmed that IBIT options will be physically settled with American-style exercise.

What do you think this means for the crypto market? Drop your thoughts in the comments! Let's get the discussion rolling! 💬