Analyst: The options for Bitcoin spot ETFs may affect the demand for underlying assets
The U.S. Securities and Exchange Commission (SEC) approved BlackRock's proposal to list and trade its spot Bitcoin ETF options last Friday, analysts said. The SEC's approval of the spot Bitcoin ETF options marks a significant shift in the way institutional investors participate in Bitcoin, which could impact demand for the underlying assets. (TheBlock)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Strategic Bitcoin Reserve Act has been published on the website of Pennsylvania
Overview of Key Overnight Developments on November 16
Murad: POPCAT may rise to $5 in the next few weeks
206 SEC-registered funds hold Bitcoin ETFs, including the Bank of Canada and Goldman Sachs