BlackRock’s iShares Bitcoin Trust (IBIT) options are set to begin trading tomorrow, according to the head of ETP listings at Nasdaq. In a statement today, the Options Clearing Corporation (OCC), declared its readiness to clear and settle options for spot Bitcoin ETFs, such as the BlackRock’s iShares Bitcoin Trust (iBIT). Following the announcement, Bloomberg Senior ETF Analyst Eric Balchunas noted that it’s “a matter of when, not if.” Alison Hennessy, Nasdaq’s Head of ETP Listings, later noted that iBIT options could be listed as soon as tomorrow. This announcement comes as Bitcoin ETF trading volumes have swelled, ranging between $3 billion and $7 billion throughout November.

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