{"id":2942,"date":"2024-11-19T12:16:34","date_gmt":"2024-11-19T12:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2942"},"modified":"2024-11-19T12:16:34","modified_gmt":"2024-11-19T12:16:34","slug":"blackrocks-spot-bitcoin-etf-to-open-for-options-trading-heres-why-it-could-be-a-big-deal-for-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2942","title":{"rendered":"BlackRock&#8217;s Spot Bitcoin ETF To Open For Options Trading: Here&#8217;s Why It Could Be A Big Deal For Bitcoin"},"content":{"rendered":"<div>\n<p>Options trading for spot <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) exchange-traded funds are all set to launch on Wall Street on Tuesday, marking a new era of the leading cryptocurrency&#8217;s integration into traditional finance.<\/p>\n<p><strong>What happened<\/strong>: Nasdaq head of ETP listings <strong>Alison Hennessy<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2024-11-18\/intend-to-trade-bitcoin-etf-options-as-early-as-tomorrow-nasdaq-s-hennessy?srnd=all\">told <\/a>Bloomberg they plan to list options for <strong>iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) &#8220;as early as&#8221; Tuesday.<\/p>\n<p>The approved options would be listed on the Nasdaq under the ticker symbol &#8220;IBIT,&#8221; paving the way for institutional investors and traders to hedge their exposure to Bitcoin more efficiently.<\/p>\n<p>But why is it a big deal?<\/p>\n<p>In a video posted on X Monday and reshared by Bloomberg&#8217;s senior ETF analyst <strong>Eric Balchunas, <\/strong>analyst and head of growth at Bitcoin custody firm Theya, <strong>Joe Consorti, <\/strong>said that the launch will open the &#8220;floodgates&#8221; for Bitcoin&#8217;s next evolution in financial markets.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" ...>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42058823\/blackrocks-spot-bitcoin-etf-to-open-for-options-trading-heres-why-it-could-be-a-big-deal-f\" alt=\"BlackRock's\" spot bitcoin etf to open for options trading: here why it could be a big deal>Full story available on Benzinga.com<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Options trading for spot Bitcoin (CRYPTO: BTC) exchange-traded funds are all set to launch on Wall Street on Tuesday, marking a new era of the leading cryptocurrency&#8217;s integration into traditional finance. What happened: Nasdaq head of ETP listings Alison Hennessy told Bloomberg they plan to list options for iShares Bitcoin Trust ETF (NASDAQ:IBIT) &#8220;as early [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2942","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2942"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2942\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}