Powered by ChatGPT

BlackRock IBIT Options Debut with $1.9 Billion Trading Volume, 82% Call Options

BlockBeatsNov 19, 2024

BlackRock's IBIT Options debuted with a trading volume of nearly $1.9 billion on the first day, with 82% being call options. Bloomberg Senior ETF Analyst James Seyffart reported that 354,000 contracts were traded, comprising 289,000 call options and 65,000 put options, resulting in a call-to-put ratio of 4.4:1. This significant trading activity is believed to have contributed to Bitcoin reaching a new all-time high.

All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse
Powered by ChatGPT

BlackRock IBIT Options Debut with $1.9 Billion Trading Volume, 82% Call Options

BlockBeatsNov 19, 2024

BlackRock's IBIT Options debuted with a trading volume of nearly $1.9 billion on the first day, with 82% being call options. Bloomberg Senior ETF Analyst James Seyffart reported that 354,000 contracts were traded, comprising 289,000 call options and 65,000 put options, resulting in a call-to-put ratio of 4.4:1. This significant trading activity is believed to have contributed to Bitcoin reaching a new all-time high.

Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors