<ul><li>The SEC approves Nasdaq's listing and trading of options for BlackRock's Bitcoin ETF, iShares Bitcoin Trust (IBIT).</li><li>The options will be physically settled in Bitcoin, allowing investors to receive actual Bitcoin upon exercise.</li><li>Bitcoin's price reacted positively to the news, reaching nearly $64,000.</li><li>Market observers and institutional investors see the approval as bullish for the market and expect increased institutional adoption of Bitcoin.</li></ul>

SEC Approves Options Trading for BlackRock BTC ETF, Here’s Why That’s Bullish

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