Grayscale, one of the largest spot Bitcoin ETF issuer, will begin options trading tomorrow. Options trading on BlackRock’s IBIT began yesterday, proving to be a “feeding frenzy” with major inflows.

Options trading may transform the Bitcoin ETF sector, but Grayscale will need to take advantage of this interest.

Grayscale ETF Options Trading

According to a new announcement from Grayscale, options trading on its two main products will begin on Thursday, November 21. These include the original Grayscale Bitcoin Trust (GBTC) and its Mini ETF, which was launched in July. Both funds saw a notable increase in value following the announcement.

Two days ago, the OCC gave its final approval to begin options trading on the Bitcoin ETF. This spurred immediate action, as the crypto community eagerly awaited ETF options trading.

Grayscale immediately filed an updated prospectus, which called for these new offerings on GBTC and the Mini Trust.

“The introduction of options could also unlock new credit opportunities within the crypto space. Institutional

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Author: Landon Manning