Spot Bitcoin ETF Options Could Start Trading As Early As Tomorrow
Summary
Options trading on spot bitcoin ETFs could begin as soon as Tuesday, with Nasdaq planning to list and trade these options. Currently, BlackRock's iShares Bitcoin Trust (IBIT) is the only U.S.-based spot bitcoin ETF listed on Nasdaq, making it eligible for options trading. Options allow investors to buy or sell an asset at a predetermined price within a set period, offering opportunities for leveraged bets and hedging. The SEC approved options for IBIT in September, and options for other bitcoin ETFs may start trading soon. This development is expected to attract more institutional interest in the crypto market.
