The SEC's approval of bitcoin ETF options will forever change the bitcoin market, making it more practical for use by institutional investors.

Bitcoin is showing some strong signals with a notable rebound in inflows last week. Bitcoin ETFs attracted about $2 billion in total inflows last week, according to CoinShares. Th

The Securities and Exchange Commission (SEC) has granted approval for the NYSE American LLC and CBOE to list options on spot Bitcoin exchange-traded funds (ETFs), marking a significant development in cryptocurrency history.

Analysts believe the approval for Bitcoin ETF options listings is going to supercharge the "Trump Trade" ahead of the U.S. election.

Bitcoin pushed higher on Monday as a spurt of inflows into exchange-traded funds for the largest digital asset as well as optimism about the outlook for US regulations lifted sentiment.Most Read from