Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
QCP Capital expects new institutional influx as Nasdaq debuts Bitcoin ETF options
BlackRock’s Bitcoin ETF options debut on Nasdaq is set to bring a new “wave of institutional investors” to the crypto market, analysts at QCP Capital say.
Options on the iShares Bitcoin Trust could attract a new “wave of institutional investors,” seeking to generate yield on their long-term spot ETF holdings, analysts at Singapore-based trading firm QCP Capital say.
In a Nov. 19 blog post, the analysts say that the introduction of IBIT options could drive an influx of high-net-worth investors, potentially leading to “further compression of implied volatility.”
QCP Capital described the Nasdaq listing as a “milestone” for the Bitcoin (BTC) derivatives market, highlighting that derivatives often grow to exceed the size of their underlying assets by 10 to 20 times.
Bitcoin seeks foundation for further growth
The analysts note that the latest development mirrors growing interest in using traditional assets as a proxy for Bitcoin exposure, with MicroStrategy seeing a surge in institutional holders during Q3. Recent filings showed Vanguard increasing its stake in MicroStrategy by 1,000%, underscoring heightened institutional activity in Bitcoin-related investments.
Bitcoin’s recent price stability above $90,000 could set the stage for further growth, analysts said, pointing to the December $100,000 strike holding the “highest concentration of open interest.” As of press time, Bitcoin is trading at $92,335, with momentum building in both spot and derivatives markets.