MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December.
Bitcoin Options news
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data.
The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don’t expect significant downside.
BlackRock’s IBIT BTC options launch was a success, but how realistic are traders’ high six-figure Bitcoin price expectations?
Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?
“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti.
Data hints that new all-time highs are on the way, even if Bitcoin struggles to gain above $92,000.
Some experts suggested that options trading for shares of BlackRock’s iShares Bitcoin Trust could launch on the Nasdaq as early as Nov. 19.
Bitcoin’s ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.