🚀 Exciting times in the crypto world! BlackRock's iShares Bitcoin Trust (IBIT) options launched with a bang, hitting $2 billion in notional exposure on day one! 🎉 While the position limit is capped at 25,000 contracts, experts like Jeff Park and Eric Balchunas are optimistic about the potential growth.
Despite the constraints, BTC soared to new heights above $94,000, and options open interest hit a record $40 billion. With U.S. spot bitcoin ETFs seeing massive inflows, the future looks bright! What are your thoughts on these developments? Share below! 👇