TechFlow news, September 21 — According to an official announcement, the U.S. Securities and Exchange Commission (SEC) has approved Nasdaq's listing and trading of options for BlackRock's iShares Bitcoin Trust (IBIT). The options will be physically settled using American-style exercise, allowing holders to exercise their rights at any time before expiration.
Nasdaq stated that IBIT options will follow the same rules and trading procedures as other ETF options. The listing is subject to the exchange’s initial and ongoing listing standards, including requirements that the underlying securities must have a significant amount of publicly traded shares and demonstrate active trading.
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