Michael Sonnenshein, Grayscale’s CEO has commenced advocacy for the introduction of listed options for spot Bitcoin ETF just less than one month after the offering was greenlighted by the SEC in the United States.
Bottlenecks With Spot Bitcoin ETF-Listed Options
According to a Monday post from the crypto boss, it’s high time the broad crypto ecosystem, particularly the ETF community, began to consider the development of listed options for spot Bitcoin ETF.
He recalled that his company’s Bitcoin ETF GBTC has been in the public market for quite some time now but it never made it to the listed options level. However, he tied this drawback to the fact that listed options are not a feature of the Over-the-counter (OTC) market.
As we look ahead, I think it’s never been more important for the #crypto and ETF communities alike to advocate for the development of a robust listed options market for spot #bitcoin ETFs. Although $GBTC has been in the public market since 2015, it was never
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