BlackRock’s Bitcoin ETF: Hedging Against Losses Now Costs More Than Betting on Gains
Wall Street’s latest twist? Protecting against downside in BlackRock’s spot Bitcoin ETF just got pricier than riding the bullish wave. Traders are paying up for insurance—because nothing says ’institutional adoption’ like paranoia at a premium.
Options markets flash warning signs as put premiums overtake calls. Guess even the big boys get cold feet when BTC volatility kicks in. Cue the cynical take: ’Risk management’ is just finance-speak for ’we still don’t trust this thing.’
One thing’s clear: When hedging costs spike, smart money pays attention. Whether that means a correction or just overcautious whales? That’s the billion-satoshi question.