Bitcoin ETF Holders Hedge Against Crash Below $60,000 with Put Options
Bitcoin Market Protection Strategies Large bitcoin exchange-traded fund (ETF) holders and corporate treasury firms are increasingly purchasing put options to safeguard against a potential price decline below $60,000, according to Deribit. These entities are focusing on six- and 12-month put options struck at $60,000 or lower, using them as insurance amid market uncertainties. Deribit, a…
