K33 Research Research Director: Demand for leveraged long exposure in Bitcoin and Ethereum is climbing

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ODAILY
11-26
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Odaily Planet Daily Report: Vetle Lunde, head of research at K33 Research, said in an interview that the open interest in futures contracts on the CME derivatives exchange has reached a new high. This is currently the way most US institutions purchase BTC futures contracts. However, many traders have been waiting for spot BTC ETF options on major exchanges such as the New York Stock Exchange and Nasdaq, as they can enhance liquidity and provide hedging tools. Lunde said the demand for leveraged long exposure to BTC and ETH is on the rise, with VolatilityShares' BTC exposure reaching a new high. (CNBC)

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