IBIT options officially launched on Tuesday, marking a significant milestone in the cryptocurrency market. This move is anticipated to attract a larger number of institutional investors to bitcoin (BTC) trading. The approval by the U.S. Securities and Exchange Commission (SEC) in September paved the way for options trading on multiple exchanges for 11 different spot bitcoin ETFs.
With the introduction of IBIT options, market participants are eagerly awaiting the rollout of additional options products in the near future. This development is expected to bring more liquidity and trading opportunities to the cryptocurrency market, further solidifying bitcoin’s position as a mainstream investment asset.
