Bitcoin ETF

Bitcoin

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<p><strong>Key points</strong>:</p>  
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 <li><em>Analysts say the SEC’s approval of options for the spot bitcoin ETF marks a significant shift in how institutional investors may engage with bitcoin, with potential implications for demand for the underlying asset.</em></li>  
 <li><em>The U.S. Securities and Exchange Commission approved BlackRock’s proposal to list and trade options for its spot bitcoin ETF last Friday.</em></li> 
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<h5 class="wp-block-heading"><strong>The recent approval for BlackRock’s Bitcoin ETF options raises concerns about a shift from physical Bitcoin to “paper” derivatives, according to CryptoQuant Bitcoin analysis.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6321346043668710628-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6321346043668710628-y-1024x576.jpg" alt="CryptoQuant Bitcoin Analysis Sees ETF Options Impacting Bitcoin Demand" class="wp-image-284805"></a>
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<h2 class="wp-block-heading" id="strong-cryptoquant-bitcoin-analysis-impact-of-ibit-options-on-bitcoin-supply-strong"><strong>CryptoQuant Bitcoin Analysis: Impact of IBIT Options on Bitcoin Supply</strong></h2>  
<p>CryptoQuant questions whether demand for Bitcoin has, in fact, actually taken a hit from <a href="https://www.theblock.co/post/318018/bitcoin-etfs-set-to-attract-liquidity-and-speculation-as-ibit-options-trading-gains-approval" target="_blank" rel="noopener noreferrer nofollow">IBIT ETF</a> options in its latest Bitcoin analysis. Pushed into paper derivatives by institutional traders, "paper Bitcoin" supply could increase and dampen demand for a spot investment in Bitcoin. That would not be too dissimilar from how supply in the futures market worked during the 2022 bear market.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/284391-hamster-kombat-debuts-on-binance-643m-value/" data-type="link" data-id="https://coincu.com/284391-hamster-kombat-debuts-on-binance-643m-value/" target="_blank" rel="noopener noreferrer nofollow">CryptoQuant Bitcoin Analysis Signals Potential for Further Gains</a></strong></p>  
<h2 class="wp-block-heading" id="strong-institutional-traders-shift-to-paper-bitcoin-insights-from-cryptoquant-strong"><strong>Institutional Traders Shift to Paper Bitcoin: Insights from CryptoQuant</strong></h2>  
<p>But CryptoQuant analysts caution that the effect this will have is increasing love for paper Bitcoin by institutional traders, decreasing direct investment into spot <a href="https://coincu.com/284715-core-blockchain-surpasses-400m-tvl-leads-btc-l2/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a>, and increasing open interest in derivatives. In other words, similar to gold markets, it may be derivatives trading driving demand for the physical asset, but there are concerns related to volatility and market dynamics.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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CryptoQuant Bitcoin Analysis Sees ETF Options Impacting Bitcoin Demand

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