According to The Block, BitMine, an Ethereum vault and cryptocurrency mining company supported by Peter Thiel and ARK, launched options trading on its common stock BMNR on the New York Stock Exchange on Wednesday. BitMine plans to acquire 5% of the global supply of Ethereum (ETH). The company's stock price has risen significantly since announcing a shift towards ETH accumulation, with Founders Fund now the largest shareholder and ARK Invest also purchasing $182 million worth of shares this week to invest in ETH. As of July 17th, the total value of ETH held by BitMine has exceeded $1 billion.