Cryptocurrencies
Bitcoin Options Point to Positive Signs After Rout, Traders Say
- Liquidity in options hasn’t thinned dramatically, traders say
- Institutions are playing a bigger role in crypto derivatives
A cryptocurrency exchange in Barcelona, Spain.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Crypto is undergoing a historic bout of volatility, but options traders are seeing positive signs within the market in the wake of the ruckus and controversy that overtook digital-asset lenders and others in the sector.
Chris Bae, chief executive and co-founder at structured-derivative-solutions provider EDG and a former trader at UBS and Goldman Sachs, is looking at open interest and is tracking global exchanges that offer options trading.