Breaking: BlackRock Bitcoin ETF Receives SEC Approval For Options Trading

Quick Summary:

BlackRock’s spot Bitcoin ETF has received approval from the United States Securities and Exchange Commission (SEC) to allow options trading, marking a milestone in the evolving landscape of cryptocurrency investment products.

These stipulations align with the SEC’s standards for ensuring a robust and orderly market.

To meet the listing requirements, the underlying security must be widely held, actively traded, and characterized by a substantial number of outstanding shares.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaUnited States

Topics: Bitcoin News 24/7 Cryptocurrency News IBIT Blackrock Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 21:49:08 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 238 words

Reading Time: 2 minutes read

Sentences: 35 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22626426

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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