SEC approves options trading on BlackRock’s Spot Bitcoin ETF IBIT

The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).

The SEC highlighted that this approval would allow investors to hedge their positions on Bitcoin, using the options market to mitigate the inherent volatility of BTC.

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