IBIT options begin trading
Nasdaq lists options on BlackRock's IBIT, turning earlier regulatory approval into a functioning Bitcoin-linked options market.
On November 19, 2024, IBIT options begin trading. Nasdaq lists options on BlackRock's IBIT, turning earlier regulatory approval into a functioning Bitcoin-linked options market.
Trading converted the September regulatory approval into an operating derivatives market. Nasdaq reported unusually heavy first-day volume, giving market participants a new hedging and risk-management tool tied to spot Bitcoin ETF shares.
The event belongs to the broader 2024 transition from scarce institutional Bitcoin access to a competitive, heavily intermediated market built around exchange-traded products.