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SEC approves options based on BlackRock's bitcoin ETF.

The U.S. Securities and Exchange Commission (SEC) has today approved BlackRock's proposal for the listing and trading of options on its spot bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT).

Through a statement, the SEC highlighted that the approval was granted in an "accelerated" manner to BlackRock, the world's largest asset manager, underlining that it continues to aim towards the regulation of financial products linked to cryptocurrencies. The decision marks a milestone in the development of investment options that allow traders and investors to manage risk and opportunities in the digital currency market.

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