IBIT options trading volume surges to $446M in opening hours, $1.6B by mid-day

Gino Matos

Options trading for BlackRock’s exchange-traded fund (ETF), iShares Bitcoin Trust ETF (IBIT), started on Nov. 19 at Nasdaq and has already moved over $446 million in its first trading hours. Bloomberg senior ETF analyst Eric Balchunas remarked that the volume is “a ton” for a first day, with nearly 98% of trading contracts being calls. […]

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IBIT options trading volume surges to $446M in opening hours, $1.6B by mid-day