BlackRock’s Bitcoin ETF Options Debut with $1.9B, Igniting Bitcoin’s Rally
BlackRock’s iShares Bitcoin Trust ETF options debuted on November 19, 2024, with an astounding $1.9 billion in notional exposure on its first trading day. This influx of capital has contributed significantly to Bitcoin’s rally, pushing prices to new heights. The strong interest in this ETF indicates growing institutional acceptance of Bitcoin as a viable investment choice. It marks a pivotal moment in the cryptocurrency market as traditional finance meets digital assets.
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