In the dynamic world of finance, bitcoin exchange-traded funds (ETFs) have gained attention, with the emergence of options markets tied to these funds offering new avenues for investors. Debuting in January 2024, iShares Bitcoin Trust (IBIT) has quickly captured investor interest, significantly bolstering capital influx. A milestone came in November 2024, as the introduction of ETF options reshaped investment landscapes, further enhancing IBIT’s impact.