The Options Clearing Corporation (OCC) announced its readiness to manage the clearance and settlement of options on spot Bitcoin exchange-traded funds (ETFs).

Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, possibly as soon as Tuesday, allowing investors to use derivatives to bet on or against the world’s largest digital asset.

ETF analyst Eric Balchunas commented that the notice implies it is “a matter of when, not if” these crypto investment vehicles will launch. Spot Bitcoin ETFs have been eagerly anticipated for their direct exposure to Bitcoin’s price movements, making them attractive for institutional and retail investors.

The Options Clearing Corporation issued a Nov. 18 notice saying it was preparing for the “clearance, settlement, and risk management” of spot Bitcoin ETFs.

BlackRock’s Bitcoin ETF options will start trading tomorrow with significant market implications after regulatory approvals.

The whole idea behind Spot Bitcoin ETF Options is to lend exposure to BTC, without having to hold the underlying asset. The Options will also pave the way for more speculation in the market. A potential outcome could be more volatility and amplified price swings.

BlackRock’s Bitcoin ETF options will finally go live on the Nasdaq stock exchange, maybe as soon as tomorrow. Alison Hennessy, Nasdaq’s head of ETP listings, dropped the news on Bloomberg’s ETF IQ. “Getting these options listed on IBIT into the market I think will be very exciting for investors because that’s really what we have