Source: Coindesk.com
On their first trading day, IBIT options amassed nearly $2 billion in notional exposure, an unusual volume for new options. More call options were traded compared to puts (4.4:1 ratio), likely contributing to BTC’s new record highs. Introducing IBIT options is expected to increase institutional involvement in bitcoin, as options provide new avenues for investment and risk
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Source: Coindesk.com