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US SEC Opens Comment Period on Proposal to Trade Options Based on BlackRock's Spot Bitcoin ETFs

US SEC Opens Comment Period on Proposal to Trade Options Based on BlackRock's Spot Bitcoin ETFs

2024/01/19 21:10

The U.S. Securities and Exchange Commission (SEC) has opened a comment period on Nasdaq's proposal to allow options trading based on BlackRock's spot bitcoin ETF for a 21-day comment period, according to a public filing. BlackRock just received SEC approval to list its spot bitcoin ETF (iShares Bitcoin Trust) last week, and James Seyffart, an ETF research analyst at Bloomberg Intelligence, said the SEC moved faster than normal on the proposal.

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