Investors are positioning themselves to benefit from a continued rally in the price of Bitcoin on the first day of options trading in the iShares Bitcoin Trust, the biggest exchange-traded fund focused on the cryptocurrency.

NASDAQ began listing options on BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) today, a move that is expected to revolutionize how institutional investors engage with Bitcoin (CRYPTO: BTC), providing them with a regulated and accessible avenue to hedge positions and generate yield.

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

BlackRock’s Bitcoin ETF options will start trading tomorrow with significant market implications after regulatory approvals.

Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, possibly as soon as Tuesday, allowing investors to use derivatives to bet on or against the world’s largest digital asset.

BlackRock’s Bitcoin ETF options will finally go live on the Nasdaq stock exchange, maybe as soon as tomorrow. Alison Hennessy, Nasdaq’s head of ETP listings, dropped the news on Bloomberg’s ETF IQ. “Getting these options listed on IBIT into the market I think will be very exciting for investors because that’s really what we have

Nasdaq head of ETP listings Alison Hennessy discusses the iShares Bitcoin Trust ETF (IBIT) and says our intent is to list and trade Bitcoin ETF options "as early as tomorrow." She speaks with Eric Balchunas,