Options on the iShares Bitcoin Trust (IBIT), the bitcoin (BTC) ETF issued and managed by BlackRock, are ready to hit the market.
According to Alison Hennesy, head of ETP listings at Nasdaq, negotiations could begin today. So it has confirmedalso, Bloomberg investment fund specialist Eric Balchunas.
ETF options are financial derivative contracts that give investors the rightbut not the obligation, to buy or sell an ETF at a specific price at a future date.
These tools are important because they allow investors to carry out more sophisticated strategies, such as hedging or speculating with leverage. Additionally, the launch of ETF options can improve market liquidity and provide a more robust framework for price discovery.
The launch of IBIT options could attract greater institutional and corporate investmentby facilitating the management of risk exposure.
Furthermore, this launch reinforces confidence in the bitcoin helping it to be perceived as a legitimate investment, especially by the most conservative investors.
As CriptoNoticias reported this weekend, the SEC delayed a decision about a similar product for ether (ETH) ETFs, the Cryptocurrency of the Ethereum network.
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