Todd Sohn, ETF strategist at Strategas, said the launch of bitcoin ETF options could trigger new funds of these options, explaining: "Grayscale has applied for covered calls, funds, and I'm sure BlackRock will apply, and then the relevant market will get a cushion, and then it will get any other trend-following strategies that people think of, and I think the crypto options ecosystem will really start to take off here."
Chris Verrone, head of technology and macro research at Strategas Research Partners, participated in "Money Movers" to discuss whether the market rally can continue, the relationship between bitcoin and gold, and more. Verrone said bitcoin is an important part of the current market liquidity structure. (CNBC)
Chris Verrone, head of technology and macro research at Strategas Research Partners, who appeared on "Money Movers" to discuss the sustainability of the rally and the relationship between bitcoin and gold, said bitcoin was an important part of the market's liquidity structure.