Spot Bitcoin ETF Options Could Start Trading As Early As Tomorrow
Submitted by Anonymous (not verified) on Mon, 11/18/2024 - 23:10Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.
Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.
Shares in Trump media experienced a similar dynamic before the recent price slide.
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
XRP trades close to a major supply zone that has consistently capped upside for over a year.
As bitcoin's ongoing price surge gives off an aura of invincibility, one force threatens to slow the ascent above $90,000.
"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S.
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations.
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next
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