Options Traders Piling on Struggling Bitcoin ETF
Schaeffers Investment Researchยท2025-11-21 16:40
Stocks may be rallying, but cryptocurrencies and Bitcoin are still getting wrung outStocks may be rallying today, but Bitcoin (BTC) is still stuck in the mud. The volatile cryptocurrency is down 3.9% so far today and has shed 23% in the past month. The slump has dragged BTC exchange-traded fund (ETF) iShares Bitcoin Trust ETF (NASDAQ:IBIT) deep in the red as well, attracting increased options activity.IBIT is down 3.8% to trade at $47.07, heading for its eighth loss in the last nine trading sessions. The ET ...