Crypto investors are buzzing about this week’s debut of options on exchange-traded funds that hold bitcoin, as heavy volumes during the first day of trading in options on BlackRock’s popular ETF helped propel bitcoin to a new record high Wednesday of nearly $95,000. Options have also been introduced on bitcoin ETFs from Fidelity Investments and ARK Invest, after regulators recently cleared the way for their launch. Trading data shows that some investors are eyeing an extremely bullish scenario for bitcoin in the coming years: Crypto-trading firm Galaxy Digital noted that there had been about $100 million worth of trades in call options that will pay off if the BlackRock ETF rises above $100 per share in 2026 or 2027.