"Our intent at Nasdaq is to list and trade these options as early as tomorrow," Alison Hennessy, head of ETP listings at Nasdaq, told Bloomberg TV. "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."
Options are a form of derivative that allow investors to purchase or sell an underlying asset - IBIT in this case - at a predetermined price within a specified period.
As for the other bitcoin ETFs, options on those could start trading within the next few days as well, said James Seyffart, ETF analyst at Bloomberg Intelligence.
"It's likely that these things start trading this week, potentially within the next day or two," he said. "As far as we can tell, all of the regulatory and bureaucratic hurdles have been cleared."
Collection
[
|
...
]