New options trading for leveraged and inverse Bitcoin ETFs has become very important as the world of BTC investments changes. Spot Ethereum Exchange-traded Funds (ETFs), on the other hand, have not yet been approved.
REX Shares and Tuttle Capital Management (T-REX) just recently added trading choices for their T-REX ETFs. The T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (BTCZ) are two of these. They are designed for experienced traders who want more market flexibility and strategic depth.
Sophisticated Strategies In Bitcoin ETFs
The BTCL is for investors who are optimistic about BTC and want to make additional funds every day, while the BTCZ is for investors who want to make funds when the price of BTC goes down. It allows for sophisticated strategies in both bullish and bearish market situations.
Nate Geraci, President of ETFStore, made it clear that this offering does not include spot Bitcoin ETFs. He did this to emphasize how different it is from other ways to buy in BTC .
REX Shares and Tuttle Capital Management warned buyers who were thinking about these specialized ETF options to be careful. They stressed the need to fully understand the risks and unique features of these options.
Meanwhile, firms such as Bitwise and Grayscale are still working to get the SEC to approve spot Bitcoin ETFs, with the main goal of listing them for trade on exchanges and in derivatives.
Among the proposals being looked at by the SEC is one from NYSE, which has asked the public for their thoughts on the subject. Even though the review process has been extended, there are still no clear results.
