According to Bloomberg Intelligence analyst James Seyffart, options on Bitcoin exchange-traded funds (ETFs) are likely to be available in the United States by the first quarter of 2025. The US Securities and Exchange Commission (SEC) has already authorized Nasdaq to list options tied to BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), with final approvals pending from the Commodity Futures Trading Commission (CFTC) and Options Clearing Corporation (OCC). This move is seen as a significant development in the cryptocurrency market, offering new opportunities for investors. Financial advisers, who play a key role in the ETF market, are expected to utilize options to manage risks effectively. Overall, the introduction of BTC options on regulated US exchanges is anticipated to enhance market stability and provide a safer environment for investors. Read more AI-generated news on: https://app.chaingpt.org/news