Nasdaq Inc. plans to launch options for BlackRock Inc."s Bitcoin exchange-traded fund, possibly as early as Tuesday.
This will allow investors to trade derivatives linked to Bitcoin, the largest digital asset by market capitalization.
Alison Hennessy, head of ETP listings at Nasdaq, expressed excitement about the upcoming options, expecting them to generate significant interest among investors.
The introduction of these options on the IBIT platform is a significant development in the financial industry, reflecting the increasing demand for innovative cryptocurrency investment products.