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Analyst: The launch of Bitcoin ETF options may promote the emergence of new funds including related options

Analyst: The launch of Bitcoin ETF options may promote the emergence of new funds including related options

Bitget2024/11/20 03:11

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."

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