Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure
Wed, Nov 20, 2024 11:02 AM

Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure

A Flip by Shubhangi Gupta
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IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market. On their first trading day, IBIT options amassed nearly $2 billion in notional exposure, an unusual volume for new options. More call options were traded compared to puts (4.4:1 ratio).

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