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.

Options trading will begin on Tuesday on the $42 billion iShares Bitcoin Trust, the largest of the Bitcoin exchange-traded funds, a Nasdaq spokesperson confirmed to Barron’s late Monday. The move offers a new way to trade,

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.