$BTC ETF Options Can Trigger Super Cycle
The launch of spot Bitcoin ETFs has been highly successful as the instrument netter nearly $60 billion in AUM just within the first nine months of launch. This puts the BTC ETFs among the most successful ETF launches on Wall Street.
The approval of the options for the spot Bitcoin ETFs would bring volatility down in what many people believed. However, Jeff Park bursts the common notion stating that it could rather lead to an instant super cycle for Bitcoin moving ahead.
During his recent interview with Anthony Pompliano, Jeff Park highlighted the potential of cross-collateralization in the crypto space. The Bitwise executive emphasized the significance of incorporating non-correlated assets, such as GLD ETFs or gold assets, into collateral pools for Bitcoin options. This cross-collateralization could create a more efficient margin framework that allows assets outside of crypto to be used as collateral in regulated environments
The total BTC holdings by BTC ETF are likely to surge past Satoshi Nakamotoâs BTC holdings. An HBO documentary releasing today will unveil whoâs the Bitcoin creator with Len Sassaman leading the prediction polls
#WeAreAllSatoshi #moonbix #U.S.UnemploymentNewLow #BinanceLaunchpoolSCR #HBODocumentarySatoshiRevealed
