Bitwise Asset Management has announced that options trading for its Bitcoin (BTC) ETF, BITB, will begin on November 20.
The market is already abuzz with activity as recent BlackRock’s ETF Options marked a huge milestone and garnered immense market interest.
$1.9b is unheard of for Day One. For context, $BITO did $363m and that’s been around for four years. And also this is with 25,000 contract position limits. That said, $1.9b isn’t quite big dog level yet tho, eg $GLD did $5b today, but give it a few more days/weeks. https://t.co/nAr2rracjb
— Eric Balchunas (@EricBalchunas) November 19, 2024
This marks a significant step for cryptocurrency investment as more advanced trading features become available. The move is likely to attract increased participation from retail and institutional investors.
BlackRock IBIT Sets Trend for ETF Options
Bitcoin ETF options allow investors to buy or sell ETFs at a set price within a specified time. The flexibility of managing Bitcoi
We współpracy z: https://www.thecoinrepublic.com/2024/11/20/bitwise-bitcoin-etf-options-to-launch-soon-amid-much-excitement/