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
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai