Let the degens unite and scream out in ectasy.
Maybe a bit dramatic, but this will push bitcoin to ATHs and then some.
Good discussion about the impact of bitcoin ETF options on the market.
Key quote:
In summary, the Bitcoin ETF options market is the first time the financial world will see regulated leverage on a perpetual commodity that is truly supply-constrained.
The NYSE received approval to trade options on the following 3 ETFs:
- Grayscale Bitcoin Trust (GBTC)
- Grayscale Bitcoin Mini Trust (BTC)
- Bitwise Bitcoin ETF (BITB)
CBOE received approval for option on the following 2 ETFs:
- Fidelity Wise Origin Bitcoin Fund (FBTC)
- ARK 21Shares Bitcoin ETF (ARKB).