Nasdaq Poised to List Spot-Bitcoin ETF Options as Crypto Assets Rally.

Nasdaq Inc. is set to list options on BlackRock Inc.'s Bitcoin exchange-traded fund, providing investors with the opportunity to use derivatives to speculate on the value of the digital asset. The launch of these options follows regulatory approval from the Commodity Futures Trading Commission and collaboration between Nasdaq, BlackRock, and regulators over a 10-month period. The iShares Bitcoin Trust ETF (ticker IBIT) has already accumulated nearly $30 billion in assets, making it the largest in its category, and the introduction of options is expected to enhance trading opportunities and attract more assets into the product. [Extracted from the article]