ChainCatcher news, K33 Research's research director Vetle Lunde stated in an interview with CNBC that the futures open interest at the Chicago Mercantile Exchange has reached an all-time high. This is currently the primary way most U.S. institutions are purchasing Bitcoin futures contracts, but many traders have been waiting for spot Bitcoin ETF options from major exchanges like the New York Stock Exchange and Nasdaq, as it could enhance liquidity and provide hedging tools.Vetle Lunde added that the demand for leveraged long exposure to Bitcoin and Ethereum is on the rise, and VolatilityShares' BTC exposure has also previously reached an all-time high.

ChainCatcher news, according to Trader T, spot Bitcoin ETF options will start trading today at 22:30 (UTC+8), planning to use unilateral bullish options (CALL) to predict the Bitcoin price in 59 days.

ChainCatcher news, according to Coindesk, based on two memos released by the U.S. Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options for the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).Cboe Global Markets has been approved to list and trade options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB). A few weeks ago, the U.S. Securities and Exchange Commission approved Nasdaq's rule proposal allowing options for BlackRock's iShares Bitcoin Trust (IBIT) to be listed and traded.Many market participants believe that options trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and enhance overall liquidity.