🚀 Bitcoin's flying high! BlackRock's iShares Bitcoin Trust ETF (IBIT) options debuted with a bang, trading nearly $2 billion in exposure. With Bitcoin hitting a new peak of $94,105, it's no wonder traders are buzzing. Bloomberg's Eric Balchunas compared this to BITO's humble $363 million start. The put/call ratio of 0.225 shows bullish vibes, with investors betting on BTC's rise. As traders snap up options, market makers are buying the spot ETF, fueling Bitcoin's ascent. Grayscale's set to join the party with its own options launch. Buckle up, crypto enthusiasts!
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