10x Research points out that the key obstacle to the listing of Bitcoin spot ETFs has been cleared, and IBIT options trading is expected to begin on November 19, 2024. This could attract significant trading volume and drive a substantial increase in Bitcoin prices.

MAG7.SSI

Odaily Planet Daily reported that 10x Research has pointed out that the key obstacle for the listing of Bitcoin spot ETF options has now been cleared, and IBIT options trading is expected to begin on Tuesday, November 19, 2024.
This marks a significant shift, as CME's Bitcoin futures options have traditionally faced issues of low trading volume and high margin requirements, while the jurisdiction of Deribit has restricted access for many U.S. funds. Additionally, traders face counterparty risk without OCC protection. Therefore, IBIT and other Bitcoin spot ETF options could attract substantial trading volume, potentially driving Bitcoin prices significantly higher.

10x Research: The start of trading for Bitcoin spot ETF options is expected to drive a significant increase in BTC.

10x Research: The start of trading for Bitcoin spot ETF options is expected to drive a significant increase in BTC.