According to a recent report published by The Block, Bitcoin (BTC) $98,238 ETF options will begin trading on Tuesday. The previously announced options signify increased liquidity and institutional positioning for BTC ETFs, making this development particularly significant during times of heightened volatility.
BTC ETF Options Overview
The Options Clearing Corporation has announced that IBIT options will launch on Tuesday. The announcement made by OCC, the largest equity derivatives clearing organization, indicates progress in the process. Alison Hennessy, Nasdaq’s Head of ETP Listings, mentioned in Bloomberg’s ETF IQ program that Nasdaq is prepared for the sudden launch of IBIT options.
Market Impact and Expectations
Options are essential for more investors to generate profits and hedge spot and ETF positions within a volatile environment. Additionally, with a stronger market rally anticipated following Trump’s inauguration, we may see a concentration of positions reflecting increased confidence in higher levels, potentially boosting both ETF demand and spot prices.