Michael Saylor Predicts Bitcoin Boom Following SEC’s Green Light for BlackRock’s Options

MicroStrategy CEO Michael Saylor shared his optimistic outlook for Bitcoin following the U.S. Securities and Exchange Commission's (SEC) approval of options on BlackRock's Bitcoin exchange-traded fund.

Saylor stressed that this approval will accelerate the institutional adoption of Bitcoin, highlighting the importance of this move for broader market participation.

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BNY Mellon Gets SEC Crypto Exemption, Sparking Concerns

The Securities and Exchange Commission (SEC) decision allows BlackRock’s iShares Bitcoin Trust, which will trade under the ticker “IBIT,” to offer Bitcoin-based options on Nasdaq.

This marks an important milestone by creating new opportunities for institutional investors to engage with Bitcoin through a regulated financial product.

The announcement was officially posted on the SEC’s website, signaling a key development in the growing intersection between traditional finance and cryptocurrencies.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.