UBS Bitcoin ETF Calls Surge 2,338% as Spot Holdings Rise Just 12%

Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares

UBS Group’s Aug. 13 regulatory filing showed that shares underlying its reported call options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) climbed to 1.95 million during the second quarter, while its reported non-option share position increased 11.94%. The Form 13F filing, which the U.S. Securities and Exchange Commission accepted on Aug. 13, covered positions reported as of June 30. Across five non-option IBIT rows, UBS listed 407,890 shares…

Swiss Banking Giant UBS Doubles Down on Bitcoin ETF Exposure

UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and institutional clients. The Swiss bank disclosed the position in...

UBS Bitcoin ETF Calls Surge 2,338% as Spot Holdings Rise Just 12%

Key Takeaways UBS raised direct IBIT holdings by 11.9%. Call exposure surged more than 23-fold. Put exposure fell roughly 53%. The viral 230% figure mixes different instruments. According to a Form 13F filed with the U.S. Securities and Exchange Commission on August 13, UBS Group reported 407,890 shares of the iShares Bitcoin Trust ETF (IBIT) as of June 30. That was up from 364,371 shares at the end of March, an increase of 11.9%. Its options p…