UBS Bitcoin ETF Calls Jump 24
UBS reported in a U.S. filing that its call options tied to BlackRock’s iShares Bitcoin Trust (IBIT) covered 1.95 million underlying shares as of June 30, up from 80,000 at March end. UBS also held 407,890 IBIT shares (~$13.6 million) and cut put coverage to 143,300 shares. The change reflects more bitcoin-linked activity via options and ETF exposure.



