Bitcoin ETF Options are anticipated to significantly boost the growth in the crypto derivatives market. According to Jeff Park, Head of Alpha Strategies, the crypto derivatives market is considerably smaller than the spot market, representing less than 5% of it. This observation comes as the SEC gives the green light to Bitcoin ETF Options trading for various products.
This development is expected to open up new avenues for investment and growth within the crypto market. By allowing formalized trading of Bitcoin ETF Options, it is anticipated that this will attract more inflow into the derivatives market, diversifying investment strategies within the crypto industry.
The SEC’s approval is a significant regulatory milestone that could enhance the credibility and maturity of the cryptocurrency market. This move might encourage larger institutional investors to explore investment opportunities in crypto derivatives, potentially increasing market stability and introducing more sophisticated financial instruments to the crypto landscape.
Source : coinedition.com ↗