đđ New Bitcoin Instrument Launches on Nasdaq! đĄâš
BlackRock's iShares Bitcoin Trust ETF (IBIT) options are now live on Nasdaq! đȘđ On their first trading day, they saw an impressive 73,000 contracts traded in just the first hour, making them one of the top 20 non-index options.
This marks another step in the evolution of the crypto market, especially following Donald Trumpâs pro-crypto stance and his election victory. đșđžđ
Experts believe these options could reduce volatility and broaden access, attracting more institutional players. đŒđ Todd Sohn from Strategas predicts this launch could pave the way for more funds incorporating Bitcoin ETF options.
Meanwhile, Bitcoin hit a new high, testing levels above $94,000. đđ°
â ïž This post does not constitute investment advice.