Bitwise CEO, Hunter Horsley, announced that options trading on the firm’s Bitcoin ETF product BITB will start on November 20. This could lead to similar options features being introduced across other Bitcoin ETFs. Bitwise’s Jeff Park, Head of Alpha Strategies, has concerns about the position limits imposed on Bitcoin ETFs and believes it could disrupt market conditions.
Despite these concerns, the growth in Bitcoin ETF options trading shows strong investor interest, with many financial institutions launching new investment vehicles.