The first options wagers on BlackRock Inc.’s $44 billion iShares Bitcoin Trust suggest traders see scope for the token to break more records.

Bitcoin hits record high at $94.3K after IBIT options start trading. Investors use options for hedging and risk management.

Bitcoin ETF options hit $2B on debut as BlackRock leads the charge. Grayscale follows suit, fueling Bitcoin’s rally to $93.8K and beyond.

The move comes after the record-breaking performance of BlackRock’s iShares Bitcoin Trust (IBIT) on its first day of options trading. With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on.

Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

Options on BlackRock’s spot Bitcoin ETF saw an “unheard of” $1.9 billion in notional exposure on the first day of trading.

Bitcoin is the largest cryptocurrency by market capitalization, and this new means of playing its price swings offers traders another way to make — and lose — a lot of money quickly. Here are five key tactics for Bitcoin traders looking to succeed in this volatile market.

The Options Clearing Corporation (OCC) announced its readiness to manage the clearance and settlement of options on spot Bitcoin exchange-traded funds (ETFs).

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Investors can now trade options for the first time ever in the biggest Bitcoin ETF, iShares Bitcoin Trust, which mature in mid December and January. The fund has been on a tear.