Analyst: The launch of Bitcoin ETF options may promote the emergence of new funds including related options

Strategas ETF strategist Todd Sohn said that the launch of Bitcoin ETF options could trigger the emergence of new funds for these options. He explained, "Grayscale has already applied for a covered call option fund, and I believe BlackRock will also apply. Then the relevant market will get a buffer, followed by any other trend-following strategies people can think of. I believe the ecosystem of crypto options will really start to develop rapidly here."