According to Golden Finance, Grayscale CEO Sonnenshein posted on his social platform urging regulators to approve exchange-listed options for spot Bitcoin ETFs as soon as possible. Sonnenshein said that options are beneficial to investors because the tool can help investors better navigate market conditions or achieve desired results and promote Bitcoin price discovery.
It is reported that an exchange-traded option is a standardized contract that can be used to buy (using a call option) or sell (using a put option) a certain amount of a specific financial asset at a predetermined price (exercise price) on or before the trading day.
