IBIT Options Surge, Rivaling Gold Derivatives
Update: 2025-12-03
Description
Cryptocurrency options, particularly those tied to BlackRocks Bitcoin ETF, IBIT, are experiencing a surge in popularity, ranking among the top ten options contracts in the U.S. With over seven million contracts open, IBIT options are second only to stocks in terms of open contracts. This growth reflects Bitcoins increasing appeal as a major financial asset, rivaling options for the VIX volatility index and the S and P five hundred. Introduced in November 2024, IBIT options offer new risk management and investment access opportunities, with traders using them for various strategies. Despite golds price increase, IBIT options remain more active, highlighting strong demand for Bitcoin-related derivatives.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
