SEC Approves Nasdaq to List Options on iShares Bitcoin Trust ETF
The ETF, which trades under the ticker IBIT, is the largest exchange-traded fund that invests directly in Bitcoin.
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The US Securities and Exchange Commission has approved Nasdaq Inc.’s application to list options on the iShares Bitcoin Trust ETF, marking the clearing of an important hurdle before derivatives tied to the product can begin trading.
The contracts still need to be approved by the Options Clearing Corp. and the Commodity Futures Trading Commission before trading can begin. Other exchanges have also filed applications to list options on the iShares fund and other spot-Bitcoin ETFs.