On November 19, 2024, Nasdaq made a significant move by launching options on BlackRock’s spot Bitcoin ETF, identified by the ticker IBIT. This release follows over ten months of collaboration among Nasdaq, BlackRock, and regulatory authorities, including the CFTC and the Options Clearing Corporation. This step indicates a growing institutional interest in Bitcoin and highlights the path toward more mainstream adoption. Observers expect substantial market dynamics as additional options become available.