Cointime

Download App
iOS & Android

Bitcoin ETF Options Debut With Strong Trading Volumes on Nasdaq

Cointime Official

From financemagnates by Jared Kirui

Options based on BlackRock's iShares Bitcoin Trust ETF (IBIT) started trading today (Tuesday), opening a new phase in cryptocurrency investment. In just 60 minutes, the fund posted 73,000 contracts traded on the Nasdaq, ranking the top 20 most active nonindex options, CNBC reported.

Options offer investors an alternative way to hedge their Bitcoin exposure or speculate on its price. The IBIT options, launched on the Nasdaq, have quickly gained traction with their high trading volumes.

Bitcoin ETF Options

Options trading enables investors to leverage Bitcoin's volatility without directly owning the asset. By setting predetermined buy or sell prices, traders can design strategies to profit whether Bitcoin prices rise or fall. This mechanism encompasses risk management that is absent in spot Bitcoin trading.

Experts predict that the emergence of ETF options will spur the creation of new funds with diverse strategies. While bitcoin has long been associated with high volatility, derivatives have largely been the domain of institutional investors.

The launch of ETF options bridges this gap, offering a structured way for retail investors to manage risk and opportunities. Historically, options markets for popular ETFs like Invesco QQQ and SPDR S&P 500 have seen more activity than the ETFs themselves.

Bitcoin ETFs Gain Traction

The market is set to expand further as other Bitcoin ETFs follow suit with options trading. Funds like the Grayscale Bitcoin Trust (GBTC) and Bitwise Bitcoin ETF (BITB) are gearing up to join the fray following SEC approvals. As these offerings proliferate, they are likely to dampen Bitcoin's notorious price swings, encouraging broader adoption among cautious investors.

In October, The US Securities and Exchange Commission allowed 11 exchange-traded funds (ETFs) to list and trade options based on spot Bitcoin prices on the New York Stock Exchange. Early this year, the regulator approved spot Bitcoin ETFs to track the cryptocurrency’s value. The move marked a significant development for Bitcoin and the wider cryptocurrency community.

Some of the approved funds included Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Grayscale Bitcoin Trust BTC, and iShares Bitcoin Trust ETF.

Comments

All Comments

Recommended for you

  • Trump: Personally Inclined Not to Restart Bombing Operations Against Iran

    On May 2, U.S. President Trump stated that he ultimately has two options regarding Iran: either escalate military action significantly or reach an agreement. 'There are indeed options. Do we want to go in and blow them to smithereens to solve the problem once and for all? Or do we want to try to reach an agreement? Those are the options on the table,' Trump said. He also confirmed that he had just received the latest briefing on military options from the U.S. Central Command the previous night. Trump expressed his personal inclination not to restart bombing operations. 'From a humanitarian standpoint, I prefer not to do that,' he said at the White House. (CNN)

  • Trump: Unsatisfied with Iran's Latest Proposal

    On May 2, U.S. President Trump stated: 'Regarding Iran, I am not satisfied with the latest proposal. We are negotiating over the phone, and I am not sure if we can reach an agreement.' (Jinshi)

  • Benset: The Blockade Will Continue Until Iran Restores Pre-War Freedom of Navigation

    On May 1, U.S. Treasury Secretary Benset posted on the X platform, stating that it is difficult for a mouse in a sewer pipe to know what is happening in the outside world. Here are some 'realistic scenarios' for the Iranian leadership—after all, they are indeed in a dark state of information isolation: 1. The U.S. has complete control over the Strait of Hormuz. 2. There is a shortage of hard currency (i.e., U.S. dollars). 3. Rationing of food and gasoline has been implemented. 4. The entire international community has turned against you. 5. The blockade will continue until freedom of navigation is restored to what it was before February 27.

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,016.69, with a 24-hour increase of 2.13%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Crypto Exchange Startup Fun Secures $72 Million in Series A Funding

    Crypto exchange service startup Fun has disclosed that it has completed a $72 million Series A funding round, led by Multicoin Capital and tech venture capital firm SignalFire. Other participants include Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. This funding transaction was completed in January of this year but was only made public recently. Fun declined to disclose the valuation of this funding round.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2300.19, with a 24-hour increase of 1.6%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Tether: Q1 Net Profit Reaches $1.04 Billion, Total Assets Approximately $191.77 Billion

    Tether's Q1 2026 performance report reveals that the company achieved a net profit of approximately $1.04 billion amid a highly volatile global market, with excess reserves rising to a record $8.23 billion. As of March 31, 2026, Tether's total assets were approximately $191.77 billion, with total liabilities around $183.54 billion, of which about $183.44 billion corresponds to issued digital tokens. This results in assets exceeding liabilities by $8.23 billion, while the circulation of USDT remained stable, with total token-related liabilities around $183 billion. In terms of reserve structure, Tether continues to focus on short-duration, highly liquid assets, holding approximately $141 billion in U.S. Treasuries, making it the 17th largest holder of U.S. debt globally. Additionally, its reserves include around $20 billion in physical gold and approximately $7 billion in Bitcoin holdings.

  • Israeli Media: U.S. 'About to Decide' on Resuming Military Action Against Iran

    On May 1, Israeli media reported that the United States is 'possibly about to decide' whether to resume military action against Iran, with Israel intensifying preparations to respond to a potential 'renewed conflict' with Iran. According to Israel's Channel 12, Israeli officials are on 'high alert' and preparing for the possibility that U.S.-Iran negotiations could collapse as early as early next week. The report cites senior officials in the Israeli government stating that the U.S. may increase pressure on Iran regarding the Strait of Hormuz and could launch military strikes against Iran's energy facilities and government infrastructure. (Xinhua)

  • BTC Surpasses $77,000

    Market data shows that BTC has surpassed $77,000, currently priced at $77,007.21, with a 24-hour increase of 1.64%. The market is highly volatile, so please ensure proper risk management.

  • US Spot Bitcoin ETF Sees Net Inflow of $23.5 Million Yesterday

    On May 1, according to monitoring by TraderT, the US spot Bitcoin ETF had a net inflow of $23.5 million yesterday.