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BlackRock’s iShares Bitcoin Options Now on Nasdaq, SEC Approval

The SEC has approved the listing of options for the BlackRock spot Bitcoin ETF, known as iShares Bitcoin Trust (IBIT), on Nasdaq. This move will allow option traders to easily buy or sell IBIT options contracts. Nasdaq stated that these options will provide investors with a hedging and risk management tool for exposure to the price of Bitcoin. The options will be physically settled and traded in the same manner as other ETF options. Nasdaq also highlighted the need for certain listing standards to protect investors and ensure a stable trading environment.

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