iShares Bitcoin ETF Options to Curb Volatility and Expand Investor Base, Says Galaxy Digital
- Options trading on the iShares Bitcoin Trust ETF has started on Nasdaq, marking a new phase in crypto market development.
- Alex Thorn from Galaxy Digital suggests that options trading will reduce Bitcoin’s volatility and increase its investor base.
- The first day’s trading showed a strong preference for call options, indicating optimism about Bitcoin’s price rise.
- Despite a new all-time high of US$94,002, Bitcoin’s volatility remains attractive to many investors.
The crypto market is having yet another breakthrough moment as options trading on Spot Bitcoin exchange-traded funds (ETFs) is now open for iShares Bitcoin Trust on Nasdaq.
According to Galaxy Digital’s Alex Thorn, this will only drive…
