Options trading now available for CI’s Bitcoin ETF

CI Global Asset Management’s new Bitcoin fund is now listed for options trading.

The TMX Group began listing options of the Canadian-dollar unhedged units of the CI Galaxy Bitcoin ETF on the Montreal Exchange on April 22.

The ETF, which launched in March, invests directly in Bitcoin with its holdings priced using the Bloomberg Galaxy Bitcoin Index, which is designed to measure the performance of a single Bitcoin traded in U.S. dollars. The fund has a management fee of 0.95%.

See the CI GAM release for the full initial options schedule and strike prices.