The $1.2 billion ETF offers less upside than stock in the big Bitcoin holder. However, income has been ample due to volatility in MicroStrategy shares.

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.

Bitcoin ETF options hit $2B on debut as BlackRock leads the charge. Grayscale follows suit, fueling Bitcoin’s rally to $93.8K and beyond.

Bitcoin advanced above $94,000 on Wednesday as investors monitored the Trump transition and digested newly launched options trading.

US exchange-traded funds investing directly in Bitcoin surpassed $100 billion in total assets as the original cryptocurrency extended a record-breaking rally.

This is Frances Yue, crypto reporter at MarketWatch. Bitcoin hit a record high at $94,963 on Tuesday, after the Nasdaq started to allow trading of options on BlackRock’s iShares Bitcoin Trust for the first time on the same day.

If IBIT closes above $56.00 on December 13, we would earn $2.05 per shrare on $53.95 at risk, or 3.8%. Over a 24-day holding period, the annualized return would be 57.8%.