BlackRock’s Bitcoin ETF Options Record Historic Day 1: Recap

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BlackRock’s Bitcoin ETF options made a historic debut, recording nearly $1.9 billion in notional value traded on the first day.

Jeff Park, Head of Alpha Strategies at Bitwise Invest, shared his detailed observations on X , highlighting key takeaways from the inaugural trading day.“Today marks the historic Day 1 of BTC ETF options launch.

Longer-dated expiries, such as the January 2026/2027 contracts, exhibited an even lower put/call ratio of 0.08.“That means there is roughly a 10x imbalance for upside,” he emphasized, highlighting a extremely bullish sentiment.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: BTC news IBIT Btc BlackRock Bitcoin ETF Options Bitcoin price Btc price Bitcoin BlackRock Bitcoin News Bitcoin news BlackRock Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 04:00:19 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 669 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23728359

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