{"id":27,"date":"2024-09-22T05:35:11","date_gmt":"2024-09-22T05:35:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27"},"modified":"2024-09-22T05:35:11","modified_gmt":"2024-09-22T05:35:11","slug":"sec-greenlights-options-trading-for-blackrocks-spot-bitcoin-etf-offering-new-hedge-for-institutional-investors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27","title":{"rendered":"<div>SEC Greenlights Options Trading For BlackRock&#8217;s Spot Bitcoin ETF, Offering New Hedge For Institutional Investors<\/div>"},"content":{"rendered":"<div>\n<p>The U.S. Securities and Exchange Commission (SEC) has given the green light for the listing and trading of options for <strong>BlackRock Inc.\u2019s<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NYSE\">BLK<\/a>) spot <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) exchange-traded fund (ETF).<\/p>\n<p><strong>What Happened<\/strong>: The approved options will be listed on the Nasdaq under the ticker symbol \u201cIBIT.\u201d This move allows institutional investors and traders to hedge their exposure to bitcoin more efficiently.<\/p>\n<p>Options trading provides a cost-effective way to amplify exposure to bitcoin, offering an alternative method for managing investments in the world\u2019s largest cryptocurrency. The approval marks another significant step for cryptocurrency, which has been gaining mainstream acceptance.<\/p>\n<p><em>See Also: <a href=\"https:\/\/www.benzinga.com\/news\/24\/09\/40953535\/anybody-who-votes-for-a-democrat-or-kamala-worst-you-should-have-your-head-examined-trump-tells-vote?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Anybody Who Votes For A Democrat Or Kamala, Worst\u2026You Should Have Your Head Examined:\u2019 Trump &#8230;<\/a><\/em><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40968270\/sec-greenlights-options-trading-for-blackrocks-spot-bitcoin-etf-offering-new-hedge-for-ins\" alt=\"SEC\" greenlights options trading for blackrock spot bitcoin etf offering new hedge institutional investors>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has given the green light for the listing and trading of options for BlackRock Inc.\u2019s (NYSE:BLK) spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: The approved options will be listed on the Nasdaq under the ticker symbol \u201cIBIT.\u201d This move allows institutional investors and traders to hedge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27","post","type-post","status-publish","format-standard","hentry","category-videos"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}