BlackRock's iShares Bitcoin Trust (iBIT) options are set to begin trading tomorrow, according to Alison Hennessy, head of ETP listings at Nasdaq. The Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization, has confirmed its readiness to clear and settle options for spot Bitcoin ETFs. The announcement follows key developments including the SEC's approval of options trading for the iBIT Trust and the CFTC's advisory on clearing options for spot commodity ETFs. BlackRock's iShares Bitcoin Trust has amassed $43 billion in assets under management and holds nearly 472,000 Bitcoin. This news comes as Bitcoin ETF trading volumes have surged, reaching between $3 billion and $7 billion in November.
- Content Editor ( cryptobriefing.com )
- 2024-11-18
BlackRock’s Bitcoin ETF options set to launch tomorrow