The American stock exchange operator Nasdaq is seeking approval to introduce options on a Bitcoin index.
Matt Hougan, Bitwise's chief investment officer, said it is important to have options for BTC to fully normalize the asset class and that there is currently a missing piece in the liquidity picture that could be provided by exchange-traded funds.
Options are financial instruments that allow traders to buy or sell assets such as stocks, indices and ETFs at a set price on a specific date.
In this way, institutional investors can reduce risks and traders can strengthen their purchasing power, which would further give the young asset class a boost.
The first applications include a request from Nasdaq to trade options on BlackRock's iShares Bitcoin Trust ETF.
Yes, we are in a sideways phase. I personally don't think it's bad.
You always have to keep two things in mind, where are the chances higher?
lower courses or rather higher courses?
He should continue to be where he is now. Wednesday will show us where the path leads.😀
