The US Securities and Exchange Commission (SEC) has approved the listing and trading of options for 11 spot Bitcoin exchange-traded funds (ETFs), including products from Fidelity, Grayscale, WisdomTree, Franklin, and VanEck. Options on ETFs make it easier and cheaper for institutional investors to participate in the Bitcoin market. Options give investors the right to buy or sell an asset at a specific price within a certain time frame. The approval is seen as a positive step towards the normalization of Bitcoin as an asset class and may lead to increased liquidity and price discovery. However, further regulatory steps are still required before options trading can begin.



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