The trading of options on the spot Bitcoin ETF from BlackRock could start as early as the next few days. The OCC (Office of the Comptroller of the Currency, part of the U.S. Department of the Treasury), as the last of three regulators whose approval was necessary for the launch of this instrument, has given the green light. Reports senior ETF analyst #Bloomberg Eric Balchunas:

"As for Bitcoin ETF options, the OCC just published a response to the CFTC approval on Friday, stating that they are 'preparing' for the listing of options, etc. This is the end. Now it's just a matter of 'when,' not 'if.' We will get exact data as soon as we can…

… 'Typically, the listing process after OCC approval is considered relatively quick and often takes a few days' - be ready…

… Nasdaq is ready to go, stating that $IBIT options will be listed 'as soon as tomorrow' - Allison Hennessey just about the ETF IQ"

We have already outlined the pros and cons of the emergence of this instrument many times. Among the cons - it is not the purchase of BTC as such, a derivative instrument. The pro - further strengthening the legitimacy of cryptocurrencies in the eyes of regulators and large financial organizations.