BlackRock’s Head Of Digital Assets Says IBIT Spot Bitcoin ETF Options Blow Past 1 Billion In Trading Volume
Posted On November 20, 2024
Robert Mitchnick, head of digital assets at BlackRock, told a panel at the Benzinga Future of Digital Assets conference on Nov. 19 that options volume on the iShares Bitcoin Trust ETF (NASDAQ:IBIT) breached the 1 billion mark on Tuesday.
“Things happen fast here,” Mitchnick said.
The Details: Nasdaq began listing options on BlackRock’s spot Bitcoin ETF on Tuesday with 73,000 contracts traded in the first 90 minutes, ranking IBIT options among the top 20 most active non-index options.
BlackRock’s IBIT is currently the only spot Bitcoin ETF listed on Nasdaq, but …
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