According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved Nasdaq to list and trade BlackRock’s spot Bitcoin ETF options.

On September 20, the SEC approved iShares Bitcoin Trust options to be listed on Nasdaq under the ticker IBIT.

Nasdaq said bitcoin ETF options will trade under the same rules as other ETF options.

The SEC notice states that IBIT options will be physically settled using an American-style exercise method and will be subject to the exchange’s initial and continuing listing standards.