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,

Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.

Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, possibly as soon as Tuesday, allowing investors to use derivatives to bet on or against the world’s largest digital asset.

Nasdaq confirmed to Decrypt that options on BlackRock's iShares Bitcoin Trust ETF will begin Tuesday, following CFTC and OCC moves.

The recent approval of listed options on Spot Bitcoin ETFs opens up new opportunities for hedging and speculation in the crypto market.

According to an ETF analyst, spot Bitcoin ETF options have passed the "second hurdle" after the CFTC "cleared the way" for the products.

A major regulatory milestone for Bitcoin ETF options was reached on November 16 when the Commodity Futures Trading Commission (CFTC) announced that it would no longer oversee the clearing process for these options. With this development, attention has now shifted to the Options Clearing Corporation, which must finalize the listing process.

BlackRock’s Bitcoin ETF options will start trading tomorrow with significant market implications after regulatory approvals.

Nasdaq head of ETP listings Alison Hennessy discusses the iShares Bitcoin Trust ETF (IBIT) and says our intent is to list and trade Bitcoin ETF options "as early as tomorrow." She speaks with Eric Balchunas,