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BlackRock’s Bitcoin ETF options debut on Nasdaq is set to bring a new “wave of institutional investors” to the crypto market, analysts at QCP Capital say.
Options on the iShares Bitcoin Trust could attract a new “wave of institutional investors,” seeking to generate yield on their long-term spot ETF holdings, analysts at Singapore-based trading firm QCP Capital say.
In a Nov. 19 <a href="https://www.qcpgroup.com/insights/asia-colour-61/" target="_blank" rel="noopener noreferrer nofollow">blog post</a>, the analysts say that the introduction of IBIT <a href="https://crypto.news/tag/bitcoin-options/" target="_blank" rel="noopener noreferrer nofollow">options</a> could drive an influx of high-net-worth investors, potentially leading to “further compression of implied volatility.”
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “This development is poised to attract a new wave of institutional investors who face restrictions on accessing native crypto options markets like Deribit.”
 QCP Capital
</blockquote>
QCP Capital described the Nasdaq listing as a “milestone” for the Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) derivatives market, highlighting that derivatives often grow to exceed the size of their underlying assets by 10 to 20 times.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/bitwise-pushes-to-convert-1-3b-crypto-trust-to-etp-on-nyse/"> Bitwise pushes to convert $1.3b crypto trust to ETP on NYSE </a>
<h2 class="wp-block-heading" id="bitcoin-seeks-foundation-for-further-growth">Bitcoin seeks foundation for further growth</h2>
The analysts note that the latest development mirrors growing interest in using traditional assets as a proxy for Bitcoin exposure, with MicroStrategy seeing a surge in institutional holders during Q3. Recent filings showed Vanguard <a href="https://crypto.news/microstrategy-mstr-shot-up-by-450-ytd-as-wall-street-investors-grab-up-shares/" target="_blank" rel="noopener noreferrer nofollow">increasing</a> its stake in MicroStrategy by 1,000%, underscoring heightened institutional activity in Bitcoin-related investments.
Bitcoin’s recent price stability above $90,000 could set the stage for further growth, analysts said, pointing to the December $100,000 strike holding the “highest concentration of open interest.” As of press time, Bitcoin is trading at $92,335, with momentum building in both spot and derivatives markets.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/occ-is-preparing-for-listing-of-spot-bitcoin-etf-options/"> OCC is ‘preparing’ for listing of spot Bitcoin ETF options </a>

QCP Capital expects new institutional influx as Nasdaq debuts Bitcoin ETF options

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