Analyst: The launch of Bitcoin ETF options may promote the emergence of new funds including related options
Strategas ETF strategist Todd Sohn said that the launch of Bitcoin ETF options could trigger the emergence of new funds for these options. He explained, "Grayscale has already applied for a covered call option fund, and I believe BlackRock will also apply. Then the relevant market will get a buffer, followed by any other trend-following strategies people can think of. I believe the ecosystem of crypto options will really start to develop rapidly here."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November