Options on BlackRock's iShares Bitcoin Trust ETF are set to commence on Tuesday. This information was confirmed by Nasdaq to Decrypt. The launch follows approvals from the Commodity Futures Trading Commission (CFTC) and the Office of the Comptroller of the Currency (OCC).
The introduction of options on the ETF represents a significant move in the crypto finance world, indicating increased institutional interest and opportunities for investors to hedge or leverage their positions in Bitcoin through traditional financial instruments.