Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless.
Options on Bitcoin (BTC) exchange-traded funds (ETFs) are likely to launch in the United States by the first quarter of 2025, according to James Seyffart, a Bloomberg Intelligence analyst.
“I think before the end of the year is possible for options, but more likely in Q1 2025,” Seyffart said during an Oct. 9 panel discussion at the Permissionless conference.
In September, the US Securities and Exchange Commission (SEC) authorized Nasdaq to list options tied to BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT).