Nasdaq Poised to List Spot-Bitcoin ETF Options as Crypto Assets Rally
- Bitcoin ETF options could trade as soon as Tuesday: Hennessy
- BlackRock’s IBIT has amassed nearly $30 billion since launch
This article is for subscribers only.
Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund on Tuesday, allowing investors to use derivatives to bet on or against the world’s largest digital asset.
“Our intent at Nasdaq is to list and trade these options as early as tomorrow,” Alison Hennessy, head of ETP listings at Nasdaq, said on Bloomberg’s ETF IQ on Monday. “Getting these options listed on IBIT into the market I think will be very exciting for investors because that’s really what we have heard from them.”