“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” said Bitcoin custody firm Theya's head of growth, Joe Consorti.
The imminent launch of spot Bitcoin exchange-traded fund options in the United States may be a huge deal because extra liquidity should entice a new wave of institutional and retail investors, according to industry executive Joe Consorti.
“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” as the first spot Bitcoin (BTC) ETF options are set to start trading in the United States on Nov. 19, said Consorti, head of growth at Bitcoin custody firm Theya, in a video shared on X on Nov. 19.
On Nov. 18, the Options Clearing Corporation (OCC) said it was preparing to launch the investment vehicles, beginning with the BlackRock iShares Bitcoin Trust (IBIT).
