UBS Ramps Up Bitcoin ETF Call Exposure More Than 24-Fold in…
How Much Did UBS Increase Its IBIT Exposure? UBS sharply increased its exposure to call options tied to BlackRock’s iShares Bitcoin Trust during the second quarter, while also raising its direct IBIT holdings and reducing put exposure. The Swiss banking group reported call options covering 1.95 million underlying IBIT shares as of June 30, according