Bitwise CEO Hunter Horsley announced that options trading on the firm’s Bitcoin ETF product BITB will begin on November 20. Options trading allows investors to buy or sell assets at a set price within a specific timeframe, offering flexibility for speculation and risk management. This could signal the introduction of similar options features across other Bitcoin ETFs.
Bitwise’s Jeff Park, Head of Alpha Strategies, has some reservations about the position limits imposed on Bitcoin ETFs. However, the news comes after strong ETF flows for Bitcoin-based investment vehicles as the market matures and offers new opportunities for retail and institutional investors.
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<p>The post New Bitcoin ETF Options Trading Launch: Opportunities and Challenges first appeared on CoinBuzzFeed.</p>
