The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing crypto derivatives and why they could significantly impact the Bitcoin market dynamics. Why Bitcoin ETF Options Are A Game Changer Park outlined a comprehensive thesis in the interview, noting, “Volatility is not just a static measure of past performance; it reflects the distribution of potential outcomes and the severity of those outcomes.” He emphasized that the introduction of Bitcoin ETF options will bring new dimensions to how traders interact with Bitcoin, potentially amplifying both price rises and falls. This volatility, he argued, stems from the unique characteristics of options as financial instruments. Related Reading: Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near? While Bitcoin options are not entirely new—offshore platforms like Deribit and LedgerX already offer similar instruments—ETF options introduce ..
Support the originator by clicking the read the rest link below.
