BlackRock Bitcoin spot ETF options trading volume surges, open interest ranks among the top ten in the US

Jinse Finance reported, citing CoinDesk, that options trading volume linked to BlackRock's bitcoin ETF (IBIT) has surged. As of Tuesday, there were 7,714,246 IBIT options contracts active or open. According to optioncharts.io data, among options tied to US-listed stocks, ETFs, and indices, IBIT options rank ninth in open interest; for stock options alone, IBIT options rank second in open interest. The report notes that IBIT options have already surpassed gold ETFs and major tech stocks, highlighting bitcoin's growing appeal as a macro asset. Despite a decline in bitcoin's price, IBIT options are trading more actively than options linked to the SPDR Gold Trust ETF, which has risen 50% this year.