From Nasdaq, Inc.:

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a Nasdaq proposal to facilitate options trading on BlackRock’s spot Bitcoin exchange-traded fund. The public comment period will last for 21 days and was announced through a filing posted Friday.

According to the filing, the proposal aims to amend options criteria to allow trading on iShares Bitcoin Trust.

An ETF research analyst noted the SEC’s accelerated response to the proposal, suggesting options could be approved before the end of February.

Crypto analysts argue that the ease of investing in assets like Bitcoin and Ethereum is essential for diversification and investment choice.

BlackRock’s iShares Bitcoin Trust recently received SEC approval and saw substantial inflows of $145.5 million on Thursday, while attention also turns towards Ethereum ETFs.

Major firms like BlackRock and Fidelity are competing for approval of a spot Ethereum ETF, with the SEC extending its decision deadline on Fidelity’s proposal to March 5.

The SEC’s call for public comments on the Nasdaq proposal marks significant steps in the evolving landscape of cryptocurrency trading and regulation.



Read more: Betting On Bitcoin: SEC Opens Floor For Opinions On BlackRock ETF Options