The U.S. Securities and Exchange Commission has approved BlackRock's proposal to list and trade options for its spot bitcoin exchange-traded fund.

The SEC said it was approving the world's largest asset manager on an "accelerated basis" to list those options for the iShares Bitcoin BTC +0.45% Trust (ticker IBIT), in a filing posted on Friday. Nasdaq ISE, LLC would be listing and trading those options.

"The Commission is publishing this notice to solicit comments on Amendment Nos. 4 and 5 from interested persons, and is approving the proposed rule change, as modified by Amendment Nos. 1, 4, and 5, on an accelerated basis," the SEC said.

The SEC approved several spot Bitcoin ETFs in January, including from firms such as BlackRock, Grayscale and Fidelity. Others, including Grayscale and Bitwise, are also looking to list and trade options for their spot bitcoin ETFs.

BlackRock did not immediately respond to a request for comment.

"8+ months after spot bitcoin ETFs launched…Options trading has now been approved," said ETF Store President Nate Geraci in a post on X. "Better late than never."

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。