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Why Bitcoin Options Are the Can’t-Miss Opportunity of Your Lifetime (But Probably Won’t Be)

A  Bitcoin logo is shown with its arms outstretched and a rocket ship blasting off into the sky behind it, surrounded by confetti and balloons. A giant question mark looms above, casting a shadow over the scene.

The never-ending saga of ‘this is the moment’ for cryptocurrency adoption continues, with investment managers convinced that options on spot Bitcoin will finally bring in the big bucks and make everyone rich beyond their wildest dreams… again. Because what could possibly go wrong when you’re allowing unsophisticated investors to bet on a volatile asset class? I mean, it’s not like they’ll lose all their money or anything.

Source: cointelegraph

Investment managers expect the United States debut of options on spot Bitcoin (BTC) exchange-traded funds (ETFs) to accelerate institutional adoption and potentially unlock “extraordinary upside” for spot BTC holders.  On Sept. 20, the US Securities and Exchange Commission (SEC) greenlighted Nasdaq’s electronic securities exchange to list options on BlackRock’s iShares Bitcoin Trust ETF (IBIT). It marked the first time the regulator approved options tied to spot BTC for US trading. […]

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