{"id":38235,"date":"2024-09-23T04:53:51","date_gmt":"2024-09-23T04:53:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sec-approves-nasdaq-to-list-options-on-blackrocks-ishares-bitcoin-trust\/"},"modified":"2024-09-23T04:53:51","modified_gmt":"2024-09-23T04:53:51","slug":"sec-approves-nasdaq-to-list-options-on-blackrocks-ishares-bitcoin-trust","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sec-approves-nasdaq-to-list-options-on-blackrocks-ishares-bitcoin-trust\/","title":{"rendered":"SEC Approves Nasdaq to List Options on BlackRock\u2019s iShares Bitcoin Trust"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Nasdaq wants to list and trade options on <a href=\"https:\/\/igaming.org\/crypto\/blackrocks-ishares-bitcoin-trust-surpasses-18-billion-in-holdings\/\">BlackRock\u2019s iShares Bitcoin Trust (IBIT)<\/a>, and the U.S. Securities and Exchange Commission (SEC) has given its approval. Following a thorough evaluation procedure that started when Nasdaq filed the initial application on January 9, 2024, the clearance was confirmed on September 20.<\/p>\n<p>In order to give more details regarding IBIT and other exchange-traded products (ETPs) based on Bitcoin, Nasdaq filed several revisions, beginning on January 11. Receiving permission was made possible in large part by these regular updates.<\/p>\n<h2><strong>SEC\u2019s Multi-Stage Review Leads to Greenlight<\/strong><\/h2>\n<p>The SEC\u2019s approval came after nearly eight months of in-depth evaluation. The commission noted that Nasdaq had also proposed modifications to its existing rules to accommodate options on IBIT. The new options will be physically settled with an American-style exercise, aligning with Nasdaq\u2019s listing standards.<\/p>\n<p>According to the SEC filing, <em>\u201cOptions on IBIT will be subject to the Exchange rules that currently apply to the listing and trading of all ETF options on the Exchange.\u201d<\/em> This ensures a consistent regulatory framework for trading these options.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/sec-approves-nasdaq-to-list-options-on-blackrocks-ishares-bitcoin-trust\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Nasdaq wants to list and trade options on BlackRock\u2019s iShares Bitcoin Trust (IBIT), and the U.S. Securities and Exchange Commission (SEC) has given its approval. Following a thorough evaluation procedure that started when Nasdaq filed the initial application on January 9, 2024, the clearance was confirmed [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":38236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38235"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38235"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38236"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}