Odaily Planet Daily News✨ The U.S. Securities and Exchange Commission (SEC) approved BlackRock's proposal to list and trade its spot Bitcoin ETF options last Friday. This move is seen by analysts as a major shift in the way institutional investors participate in Bitcoin, which may have a profound impact on the demand for the underlying asset.

📈 SEC approval means that institutional investors will have more channels to enter the Bitcoin market, which may increase market liquidity and stability. As the world's largest asset management company, BlackRock's participation has undoubtedly added confidence to the Bitcoin market.

🔍 Despite the overall market attitude being neutral, this news undoubtedly brings an optimistic outlook for Bitcoin. The participation of institutional investors may drive further increases in Bitcoin prices.