Este artículo también está disponible en español. BlackRock, the world’s largest asset manager, has officially launched options trading for its Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This debut comes after the ETF received regulatory approval in January and has since attracted significant inflows. Increased Liquidity And Reduced Volatility On The Horizon According to Bloomberg, the introduction of options trading on the $43 billion iShares Bitcoin Trust is anticipated to reduce volatility while broadening Bitcoin’s investor base. Related Reading Alex Thorn, head of firmwide research at Galaxy Digital, stated during…
Tag: btc
Bitcoin (BTC) Price Leads Crypto Market as ETF Options Traders Go Degen
Bitcoin (BTC) is eyeing record highs once again heading into Wednesday’s U.S. session. The largest crypto is trading just below $94,000, the new record from Tuesday, and leading the broader market with a 2% climb over the past 24 hours. Meanwhile, the broad-market CoinDesk 20 Index was little changed and large-cap altcoins ether (ETH) and solana (SOL) fell. Options on BlackRock’s spot bitcoin ETF (IBIT) saw staggering first-day trading activity yesterday, pushing the BTC price higher, analysts noted. Most of the activity focused on calls, representing a bullish view, with…
Options on Bitcoin (BTC) Exchange-Traded Funds Marks Milestone, Despite Position Limits
Park explained on X that the exercisable risk, representing the total value of option contracts exercised or converted to actual shares, equates to less than 0.5% of IBIT’s outstanding shares. Meanwhile, the industry standard is closer to 7%, which would represent a comparative figure of 7%. To show how small the 0.5% figure is, bitcoin CME futures contracts are allowed to trade 2,000 contracts, which is the equivalent of 175,000 for IBIT. Original
Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why
Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares Bitcoin Trust (IBIT) ETF cleared the last regulatory hurdle on Monday, and they could bring more institutional appetite for the largest cryptocurrency. “This marks a monumental shift,” 10x Research said in a Tuesday newsletter. The products “could attract significant trading volumes, potentially driving sharp price rallies in bitcoin,” it said. For example, MicroStrategy (MSTR), the Nasdaq-listed company that owns the largest corporate BTC treasury in the world, is punching above its weight due to…
Bitcoin (BTC) Mining Economics Improved in the First Half of November: JPMorgan
The hashprice, a measure of mining profitability, “increased 29% since the end of October as the BTC rally outpaced network hashrate growth and transaction fees increased as a percentage of the block reward,” analysts Reginald Smith and Charles Pearce wrote. Original
Bitcoin ‘Parabolic Phase Just Begun’, BTC To $100K This Week?
Este artículo también está disponible en español. Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Related Reading Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge in the last two weeks, jumping 32% to the $89,000-$90,000 price range. BTC’s remarkable performance saw it soar 11% last Monday, preparing the ground for its…
Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year
Este artículo también está disponible en español. Tom Lee, the head of research at independent financial analysis firm Fundstrat, has reiterated his optimistic outlook for the Bitcoin price, predicting that the cryptocurrency is on track to reach the $100,000 mark before the year concludes. Optimistic Bitcoin Price Outlook In a recent appearance on CNBC’s Squawk Box, Lee discussed the implications of the political landscape following Donald Trump’s victory over Kamala Harris in the presidential election, suggesting that Bitcoin could play a pivotal role in the upcoming administration. Lee articulated that…
Bitcoin ETF (BTC) Options Could Come Tomorrow
“Our intent at Nasdaq is to list and trade these options as early as tomorrow,” Alison Hennessy, head of ETP listings at Nasdaq, told Bloomberg TV. “Getting these options listed on IBIT into the market I think will be very exciting for investors because that’s really what we have heard from them.” Source
Semler Scientific Reports Half-Year BTC Yield of 37.3%, Acquires Additional 215 Bitcoin
Semler Scientific has reported a significant 37.3% bitcoin yield since implementation of its bitcoin treasury strategy. Bitcoin Strategy Yielding Gains for Semler Scientific Semler Scientific has announced an impressive half-year bitcoin (BTC) yield of 37.3%. According to an announcement on Monday, Semler achieved this yield between July 1 to Nov. 15 2024. Earlier in Q2 […] Original
Microstrategy Buys 51,780 Bitcoin, Raising Holdings to 331,200 BTC as Saylor Prepares for $100K Party
Microstrategy’s massive $4.6 billion bitcoin buy pushes its holdings to 331,200 BTC, fueling bold predictions of $100K soon and a bull case of $49 million. Microstrategy Secures 51,780 BTC, Pushing Bitcoin Treasury Beyond $16 Billion Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) filed a report with the U.S. Securities and Exchange Commission (SEC) on Monday, […] Original