Cryptocurrencies

New Bitcoin ETF Creates More Options for Crypto Leverage

  • BITO derivatives begin trading on NYSE exchanges on Wednesday
  • ETF puts and calls will add to whole ecosystem, Gemini says
Photographer: Paul Yeung/Bloomberg
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As the Bitcoin rally nears records and takes Wall Street by storm, crypto bulls and bears can now jack up their bets with derivatives on the newly minted futures ETF -- the latest industry watershed.