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Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure

November 20, 2024 : Permanent Link

(CNBC) Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading Tuesday, Nasdaq told CNBC, placing the fund in the top 20 of the most active nonindex options.

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