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Options on Bitcoin exchange-traded funds (ETFs) made their debut on Nov. 19, with the launch of options on the iShares Bitcoin Trust ETF (IBIT). And options on other Bitcoin ETFs are coming up, too.
The Securities and Exchange Commission (SEC) had in January approved the bitcoin ETFs to track bitcoin, in what was a watershed for the world's largest cryptocurrency and the broader crypto industry.
Options trading for BlackRock's fund iShares Bitcoin Trust has been approved with ticker symbol "IBIT", the regulator said in a notice on Friday. The index options - listed derivatives offering a ...
Investors will now be able to buy options on the T-Rex 2x Long Bitcoin Daily Target ETF and the T-Rex 2x Inverse Bitcoin Daily Target ETF, which were launched on Wednesday, Rex Shares and Tuttle said.
Spot Bitcoin ETFs track the price of the crypto on effectively the same percentage basis, even if they trade at different prices. If Bitcoin rises 1 percent, then the fund should rise 1 percent.
That first wave of bitcoin ETFs attracted a whopping $65 billion in 2024, helping to propel the price of bitcoin from $43,000 to more than $100,000. The largest of those new products, BlackRock's ...
Exchanges began applying for the spot bitcoin ETF options as soon as it was clear the SEC would approve the underlying ETFs in January. But in recent weeks, they have withdrawn and then refiled ...
However, January's regulatory approval of spot bitcoin ETFs vastly expanded the options for investors, providing a new avenue for crypto exposure. ETF shares are backed by actual bitcoin purchased ...
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