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International Business Times

Business

Marvie Basilan

Bitcoin Weekend Recap: Challenging $65K After SEC Approves BlackRock IBIT Options Trading

Bitcoin SEC BlackRock Ash Crypto Eric Balchunas Donald Trump Jelle CoinGecko Nasdaq

Bitcoin had a strong weekend -- can it maintain the green status for the rest of the month to pave the way for a stellar fourth quarter run? (Credit: Jorge Franganillo/flickr)

KEY POINTS

Bitcoin has been rallying by more than 7% throughout the past week
The SEC approved options trading for $IBIT on Nasdaq last week
Spot Bitcoin ETFs, led by $FBTC, had a week-long haul of nearly $400 million
Crypto observers expect $BTC to have a good Q4 it holds on to the green flag this month

The world's largest cryptocurrency by market cap is on a roll following a weekend of positive vibes from a hopeful community and news that the U.S. Securities and Exchange Commission (SEC) has approved BlackRock's spot Bitcoin exchange-traded fund (ETF) options listing.

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One subscription that gives you access to news from hundreds of sites

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