Blackrock Seeks SEC Approval to Offer Options on Spot Bitcoin ETF — Ishares Bitcoin Trust Now Holds 28,622 BTC
Blackrock, the world’s largest asset manager, is seeking approval from the U.S. Securities and Exchange Commission (SEC) to offer options on its spot bitcoin exchange-traded fund (ETF). The SEC has opened a comment period for a proposed rule change, filed by Nasdaq, to list and trade options on Blackrock’s spot bitcoin ETF. Since launch, Blackrock’s Ishares Bitcoin Trust has amassed 28,622 bitcoins. SEC Opens Comment Period for Options Trading on Ishares Bitcoin Trust Blackrock, the world’s largest asset manager, is seeking to offer options on its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). Nasdaq, which lists and trades IBIT, filed a proposed rule change (Form 19b-4) with the U.S. Securities and Exchange Commission (SEC) on Friday to list and trade options on IBIT. In its SEC filing, Nasdaq explained: The Exchange believes that offering options on the Trust [IBIT] will benefit investors by providing them with an additional, relatively lower cost i