Reported about 13 hours ago
Grayscale has introduced options trading for its Grayscale Bitcoin Trust ETF (GBTC) following substantial interest in BlackRock's iShares Bitcoin ETF (IBIT), which also began options trading. According to Amplify ETFs CEO Christian Magoon, the nearly $1.9 billion trading volume in IBIT ETF options signifies a growing interest that allows investors to hedge or amplify their positions in bitcoin ETFs. This development is seen as a positive step towards institutionalizing bitcoin ETF trades and enhancing overall bitcoin adoption.
Source: YAHOO