{"id":137799,"date":"2024-09-24T14:00:07","date_gmt":"2024-09-24T11:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137799"},"modified":"2024-09-24T11:06:20","modified_gmt":"2024-09-24T08:06:20","slug":"sec-approval-of-blackrock-bitcoin-etf-options-could-spark-major-market-shift","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sec-approval-of-blackrock-bitcoin-etf-options-could-spark-major-market-shift\/","title":{"rendered":"SEC Approval of BlackRock Bitcoin ETF Options Could Spark Major Market Shift"},"content":{"rendered":"

The SEC recently gave<\/a><\/strong> the go-ahead for the trading of options on BlackRock\u2019s iShares BTC Trust, marking a major milestone in the market by enabling leveraged trades on Bitcoin<\/a><\/strong>.<\/p>\n

Park, who leads Bitwise\u2019s alpha strategies, sees<\/a><\/strong> this as a significant step forward, highlighting Bitcoin\u2019s inherent volatility. He pointed out that the cryptocurrency often experiences rapid price swings, which could result in both high risk and potential rewards.<\/p>\n

He further elaborated that Bitcoin options don\u2019t follow the same patterns as traditional assets, with volatility rising as prices go up. This dynamic, often referred to as a negative bathtub, could trigger a \u201cgamma squish,\u201d where substantial price increases force further buying, potentially driving prices even higher in a self-reinforcing loop.<\/p>\n