What The SEC Approval Of BlackRock’s Spot Bitcoin And Ethereum ETF Options Means For Crypto

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Nasdaq has announced that the SEC had approved it to offer Spot Bitcoin ETF options trading on the BlackRock iShare Bitcoin Trust (IBIT). Analysts and other industry experts explain what this monumental development means for the crypto community and the potential for Spot Ethereum ETF options. Meanwhile, ETFSwap (ETFS) is readying its ETF trading platform to help traders and investors gain access to these ETFs.

ETFSwap (ETFS) Set To Launch Phase 1 Beta Platform, Invites Traders To Test

ETFSwap (ETFS) is set to become the world’s premier ETF trading destination. The platform was built to provide investors and traders worldwide with access to highly liquid assets while enjoying the perks of decentralization via its nativity to the Ethereum blockchain. ETFSwap (ETFS) will offer an exhaustive assortment of ETFs that mirror an institutionally provided database of ETFs backed by real-world assets from various industries. This capability to feature this range of ETFs stems from its collaboration with MiCA-compliant regulated investment banks. 

ETFSwap (ETFS) has designed its trading platform to augment traders and investors’ trading strategies and make them more profitable. The innovative market-making algorithm that manages all trading on the platform works behind the scenes tightening spreads and minimizing slippage to the barest level. Thus, buy and sell orders are always executed at the best possible prices and traders always have optimal liquidity.

Incentivized futures and options trading is one of ETFSwap’s (ETFS) attractive features. With options to strengthen their positions in the market despite a relatively small capital investment, traders and investors can multiply their potential earnings by up to 10x on all trades and 50x when they trade Spot Bitcoin ETF options and Spot Ethereum ETF options contracts. 

ETFSwap (ETFS) has extensively developed its platform’s backend and is ready to give the crypto community an exclusive first peek at the infrastructure. Those early reviewers who have gotten a feel of the platform have highly praised its user-friendly interface and intuitive way the platform helped them find what they need without a hassle.

SEC Approves Spot Bitcoin ETF Options For BlackRock IBIT ETF, Sparking Speculations Of Spot Ethereum ETF Options

The SEC surprised the crypto community with its approval of BlackRock’s Spot Bitcoin ETF options on the Nasdaq exchange. Following the announcement, top analysts and experts took to their social media to explain what the approval of options trading on Spot Bitcoin ETFs approval will mean for crypto moving forward and the possibility of Spot Ethereum ETF options.

Bloomberg analyst Eric Balchunas shared the news on X (formerly Twitter) and said the Spot Bitcoin ETF options will attract more liquidity and bigger institutional investors. Cryptocurrency lawyer Sasha Hodder also took to X, reiterating the news. She then described SEC’s approval of the BlackRock Spot Bitcoin ETF options for trading as the first time a supposedly supply constrained asset like Bitcoin (BTC) would allow traders and investors to take regulated multipliable positions on the asset.

Nate Geraci, president of the ETF Store, stated in an X post how the Spot Bitcoin ETF options approval will usher in a flurry of other Bitcoin ETFs filings such as Bitcoin buffer or defined outcome ETFs, Bitcoin premium income ETFs, and Bitcoin convexity ETFs. Amidst all this, members of the crypto community have also expressed hopes for Spot Ethereum ETF options trading, and many believe it will happen soon.

ETFSwap (ETFS) Set To Provide Investors Spot Bitcoin And Spot Ethereum ETF Options Access 

As the crypto community expects Spot Bitcoin ETF options to start trading and hopes for the approval of Spot Ethereum ETF options, ETFSwap (ETFS) is preparing a platform for traders and investors to access and profitably trade the assets. Interested investors can sign up using their email and buy the ongoing ETFSwap (ETFS) token at its current presale price before it skyrockets as top analysts forecast a 40,000% move for the token soon after launch.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Source: https://finbold.com/what-the-sec-approval-of-blackrocks-spot-bitcoin-and-ethereum-etf-options-means-for-crypto/