Analyst: Bitcoin spot ETF options may affect demand for underlying assets

Odaily News The U.S. Securities and Exchange Commission approved BlackRock's proposal to list and trade its spot Bitcoin ETF options last Friday. Analysts said that the approval of the spot Bitcoin ETF options by the U.S. Securities and Exchange Commission marks a major shift in the way institutional investors participate in Bitcoin, which may have an impact on the demand for the underlying asset. (TheBlock)