IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC).
Spot bitcoin exchange-traded funds options are making solid volume on their first day.
The company now holds 331,200 bitcoin acquired for roughly $16.5 billion and worth just shy of $30 billion.
Crypto liquidations totaled $511.5 million in the last 24 hours.
Gary Gensler reflects on his time as SEC Chair, hints at potential resignation, and outlines the future of crypto regulation.
The move came as U.S. markets opened for trade, suggesting strong demand from American investors.
The wild swing in crypto prices liquidated over $900 million of leveraged derivatives trading positions across all digital assets, CoinGlass shows.
Bitcoin touched a record-high $85,000, TradingView data shows, as it extended its rally following the U.S. elections.
The crypto market rallied for a fifth consecutive day, buoyed by Donald Trump’s election win and the Federal Reserve’s latest interest rate cut.
Bitcoin Price at Record as Powell Says Trump Win Has 'No Effect' on Policy
Crypto assets kept climbing higher Wednesday after Donald Trump won the U.S. presidency, with bitcoin (BTC) blasting through $76,000 for the first time
The next president of the United States will have an important role choosing regulators and potentially even advocating for crypto regulations, taking executive action or lobbying for legislation.
