The U.S. Securities and Exchange Commission has approved the listing of options on BlackRock’s spot Bitcoin ETF.
Bitwise Head of Alpha Strategies @dgt10011 wrote up his view on why options on Bitcoin ETFs are a major unlock.
— Hunter Horsley (@HHorsley) September 22, 2024
Post went viral. Take a look — https://t.co/17U0l9YHo9
Love this from @dgt10011 on bitcoin ETF options. In particular, the section about bitcoin's volatility smile and "negative vanna" is really important. The "banana zone" just got even more slippery. https://t.co/MrZY9cCGX0
— Matt Hougan (@Matt_Hougan) September 22, 2024
Once options trading is live, next milestone for spot btc ETFs will be in-kind creation & redemption… https://t.co/ClW0Ksb7fh
— Nate Geraci (@NateGeraci) September 20, 2024
The approval of options on Blackrock's Bitcoin ETF will bring more institutional adoption of the asset, which will lower volatility & limit explosive upside of bitcoin.
Bitcoin will be a great asset going forward.
Just don't expect the same returns as in past years.— Anthony Pompliano 🌪 (@APompliano) September 20, 2024
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