“On November 19, options trading on the spot BTC-ETF from BlackRock will start on Nasdaq. Decrypt writes about this with reference to representatives of the exchange. The listing will be made possible by the approval of the Options Clearing Corporation (OCC). This was the final hurdle after SEC approval. Re bitcoin ETF options, now the OCC just posted a response to the CFTC’s Friday approval saying they are “preparing” for the options to […]”, — write: businessua.com.ua
On November 19, options trading on the spot BTC-ETF from BlackRock will start on Nasdaq. Decrypt writes about this with reference to representatives of the exchange.
Listing will become possible thanks to the approval of the Options Clearing Corporation (OCC). This was the last hurdle after the permit SEC.
Re bitcoin ETF options, now the OCC just posted a response to the CFTC’s Friday approval saying they are “preparing” for the options to list etc. That’s a wrap. Now it’s just a matter of when not if. We will get the exact data as soon as we can.. h/t @DunkirkTrading https://t.co/PsVNssC1ge pic.twitter.com/uKYFe3oTzM
— Eric Balchunas (@EricBalchunas) November 18, 2024
“That’s it,” Bloomberg analyst Eric Balchunas responded.
The OCC made a positive decision in accordance with the recommendations CFTCaccording to the document.
Matrixport analysts reported that the launch of BTC-ETF options marks a new era in terms of financialization and liquidity in crypto markets.
#Matrixport Today 📈 – Nov 19: #Bitcoin Spot #ETF Options Launch Marks New Era of Financialization and Liquidity #cryptomarket #MarketTrends #MarketInsights #CryptoInvesting #BTC #Spot2Earn pic.twitter.com/QkbLkSfmQv
— Matrixport Official (@Matrixport_EN) November 19, 2024
QCP Capital reacted in a similar way. Experts noted that the volume of the derivatives market in TradFi often exceeds the spot rate by 10-20 times.
Asia Color – 19 Nov 24
1/ What does @BlackRock’s BTC spot ETF options listing mean for Bitcoin’s next move?
NASDAQ begins trading options on BlackRock’s IBIT ETF today—a significant milestone for #Bitcoin derivatives. Let’s explore the implications for the market.
— QCP (@QCPgroup) November 19, 2024
According to the latest data, AUM IBIT is $43.1 billion, the BTC-ETF sector in total is $95.9 billion.
As a reminder, on January 10, the SEC approved all 11 applications for the launch of spot exchange-traded funds based on digital gold.
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