• About
  • Advertise
  • Contact
Sunday, July 13, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Technology

Firms launch options on swap-based Bitcoin ETF

by Sarkiya Ranen
in Technology
Firms launch options on swap-based Bitcoin ETF
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


OPTIONS on just-launched leveraged products that track the spot price of Bitcoin via derivative swaps began trading on Thursday (Jul 11), a first for the cryptocurrency exchange-traded fund (ETF) universe.

Investors will now be able to buy options on the T-Rex 2x Long Bitcoin Daily Target ETF and the T-Rex 2x Inverse Bitcoin Daily Target ETF, which were launched on Wednesday, Rex Shares and Tuttle said.

The Securities and Exchange Commission has yet to approve options on the nine new ETFs launched in January that track the spot price of Bitcoin directly.

The underlying leveraged ETFs are designed for daily traders interested in getting twice the return or betting on a decline in the underlying asset, which in the case of these products is BlackRock’s market-leading iShares Bitcoin Trust. The leverage makes the ETFs potentially more volatile.

“We strongly encourage all traders to approach this exclusive offering with diligence, ensuring they are well-informed about the unique characteristics and risks associated with trading options for these specialised ETFs,” Rex Shares and Tuttle said. REUTERS



Source link

Tags: BitcoinETFFirmsLaunchOptionsswapbased
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Boeing nearing deal to sell 777X jets to Korean Air: sources

Boeing nearing deal to sell 777X jets to Korean Air: sources

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

At G7, PM’s Message On “Territorial Integrity” Amid Border Row With China

At G7, PM’s Message On “Territorial Integrity” Amid Border Row With China

2 years ago
“Those Who Fired Shots At Ram Bhakts…”: Yogi Adityanath

“Those Who Fired Shots At Ram Bhakts…”: Yogi Adityanath

2 years ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In