According to BlockBeats, on September 21, according to financefeeds, the US SEC approved the listing of options products for BlackRock iShares Bitcoin ETF (IBIT) on Nasdaq. The trading of this derivative still requires the approval of the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC).

Nasdaq said that the trading platform will treat Bitcoin ETF options similarly to other ETF options, subject to the same rules and trading procedures. The SEC's notice stated that "IBIT options will be physically settled in an American exercise method." This means that options can be exercised at any time before expiration.