Bitcoin Price Forecast: SEC Approves Options Trading for BlackRock’s ETF – $100,000 BTC Possible in 2024?
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
The SEC’s recent approval of options trading for BlackRock’s iShares Bitcoin ETF marks a significant step in institutional Bitcoin adoption.
This new financial tool allows investors to hedge risks more effectively, boosting confidence in the cryptocurrency market.
With growing institutional interest, some analysts predict that Bitcoin could reach the $100,000 mark in 2024, further strengthening its position as a leading asset.
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on BlackRock’s iShares Bitcoin Trust (IBIT). This allows investors to manage and hedge their Bitcoin exposure through these new options.
The SEC has approved options on Blackrock's $IBIT.
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