Nasdaq Head Of ETP Listings
BlackRock’s iShares Bitcoin Trust (IBIT) options will begin trading tomorrow, the head of Nasdaq ETP listings said. In a statement today, the Options Clearing Corporation (OCC) announced it is preparing to clear and settle options on spot Bitcoin ETFs, such as BlackRock’s iShares Bitcoin Trust (iBIT). After the news was announced, Bloomberg senior ETF analyst Eric Balchunas noted that it was “a matter of when, not if.” Alison Hennessy, Nasdaq’s head of ETP listings, later noted that iBIT options could be available as early as tomorrow. The news comes as Bitcoin ETF trading volume continues to surge in November, with trading volume ranging from $3 billion to $7 billion.