• Options trading for spot Bitcoin ETFs could attract more institutional interest.
• Bitcoin ETFs see record inflows, but volatility and profit-taking drive occasional outflows.

The introduction of options trading for spot Bitcoin [BTC] exchange-traded funds (ETFs), expected to roll out on the 19th of November, is seen as a major step towards attracting more institutional interest in the king coin.

For those unaware, options, a type of derivative, give investors the flexibility to buy or sell the underlying asset—such as Blackock’s IBIT Bitcoin ETF—at a predetermined price within a specified time frame.

This innovative trading tool not only enables leveraged bets on Bitcoin’s price but also offers a strategy for hedging other positions.

Execs weigh in

Remarking on the same, Alison Hennessy, head of ETP listings at Nasdaq, in a recent conversation with Bloomberg TV, noted, 

“Our intent at Nasdaq is to list and trade these options as early as tomorrow. Gett