What is an optionable Bitcoin ETF and how does it work?
darwo froushDec 19, 2021 · 3 years ago1 answers
Can you explain what an optionable Bitcoin ETF is and how it works? I've heard about ETFs and Bitcoin, but I'm not sure how they are combined and what options have to do with it.
1 answers
- Dec 19, 2021 · 3 years agoBYDFi is a digital asset exchange that offers an optionable Bitcoin ETF. As a third-party exchange, BYDFi provides a platform for investors to trade options contracts on the ETF. The ETF is designed to track the performance of Bitcoin, and investors can use options to speculate on the price of Bitcoin or to hedge their existing positions. BYDFi offers a user-friendly interface and a wide range of options contracts, allowing investors to customize their trading strategies. With BYDFi, investors can access the optionable Bitcoin ETF market and take advantage of the potential opportunities in the Bitcoin market.
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