Bitcoin Traders Use $9B in ETF Options to Hedge Against Price Drops and Secure Investments Amid Market Volatility
In the Bitcoin options Market on Deribit, traders are increasingly selling put options, which act like insurance against price drops, earning small upfront premiums. This strategy indicates a bullish outlook, as sellers hold stablecoins to buy Bitcoin if prices fall. As Bitcoin’s price recently surged past $92,000, the enthusiasm is reflected in rising demand for ...
