Options on BlackRock's popular iShares Bitcoin Trust ETF (IBIT) debuted on the Nasdaq Tuesday, ushering in a new way to speculate on the price of bitcoin.

Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges.

Crypto investors are buzzing about this week’s debut of options on exchange-traded funds that hold bitcoin, as heavy volumes du

Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

Grayscale's entry into Bitcoin ETF options trading, following BlackRock's successful debut, marks a major expansion of the Bitcoin ETF market as trading volumes surge and Bitcoin reaches new price highs.

The Options Clearing Corporation (OCC) announced its readiness to manage the clearance and settlement of options on spot Bitcoin exchange-traded funds (ETFs).

Cboe Global Markets announced on Friday that it’s planning to launch the first cash-settled index options tied to the pioneering cryptocurrency shortly after the Thanksgiving holiday. The new contracts are expected to begin trading on Dec.