HomeLearn & Earn$3.4 Billion Worth of ETH Options to Expire Prior to Launch of...

$3.4 Billion Worth of ETH Options to Expire Prior to Launch of Spot Ethereum ETFs

Published on


Spot Ethereum ETFs Approval and $3.4 Billion ETH Options Expiry: What Investors Need to Know

The approval of the Spot Ethereum ETFs product by US regulators has sparked excitement among investors in the cryptocurrency market. This approval is seen as a turning point for altcoins, as it will attract more institutional investors to these assets. However, ahead of the Spot Ethereum ETFs market debut, investors are eagerly anticipating the expiry of $3.4 billion in ETH options in June 2024.

One of the tokens that has caught the attention of investors is ETFswap (ETFS), a platform that offers tokenized versions of exchange-traded funds (ETFs) on the Ethereum blockchain. ETFSwap allows traders to invest in various asset classes like Gold, Silver, stocks, and bonds through its tokenized ETFs. The platform also provides an ETF Screener to help traders make informed decisions before trading, along with the option for up to 50x leverage on derivatives trading.

In preparation for the launch of Spot Ethereum ETFs, ETFSwap is currently running a presale of its native token ETFS at a low price. Experts speculate that after the Spot Ethereum ETFs go live, the price of ETFS could surge significantly, potentially giving early investors substantial returns on their investments.

Meanwhile, the expiry of $3.4 billion in ETH options in June 2024 is also generating excitement in the market. The put/call ratio of the ETH options expiry indicates a bullish sentiment, with traders closely watching to see if Ethereum will hit its max pain point before the options expire. With the anticipation of the Spot Ethereum ETFs going live in July 2024, the price of ETH has rebounded, signaling positive momentum in the market.

Overall, the approval of Spot Ethereum ETFs, the expiry of ETH options, and the surge in ETFSwap’s presale are all contributing to a dynamic and engaging market environment for cryptocurrency investors.

Latest articles

BNB Surges while Top 10 Coins Decline: Could This Signal a Bullish Market?

Cryptocurrency Market Rollercoaster: Winners and Losers of the Week The cryptocurrency market has been...

Keep a Close Eye on BTC’s Support Level for Potential Buying Opportunity – Crypto News BTC

Crypto Market Analysis and Bitcoin Price Trajectory Title: Trading Expert Identifies Potential Buying Opportunities...

Today’s Chiliz Price Prediction and Technical Analysis for June 9

Chiliz Price Prediction and Analysis: Is It Time to Buy CHZ? Analyst Targets...

BlockDAG Surpasses APT and Ethereum ATH Predictions on CoinSniper

BlockDAG Emerges as Top Contender in Cryptocurrency Market BlockDAG Emerges as a Rising Star...

More like this

BNB Surges while Top 10 Coins Decline: Could This Signal a Bullish Market?

Cryptocurrency Market Rollercoaster: Winners and Losers of the Week The cryptocurrency market has been...

Keep a Close Eye on BTC’s Support Level for Potential Buying Opportunity – Crypto News BTC

Crypto Market Analysis and Bitcoin Price Trajectory Title: Trading Expert Identifies Potential Buying Opportunities...

Today’s Chiliz Price Prediction and Technical Analysis for June 9

Chiliz Price Prediction and Analysis: Is It Time to Buy CHZ? Analyst Targets...
bitcoin
Bitcoin (BTC) $ 72,152.33
ethereum
Ethereum (ETH) $ 2,667.34
tether
Tether (USDT) $ 0.999748
bnb
BNB (BNB) $ 601.50
solana
Solana (SOL) $ 178.45
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.523429
staked-ether
Lido Staked Ether (STETH) $ 2,664.93
dogecoin
Dogecoin (DOGE) $ 0.172876
tron
TRON (TRX) $ 0.167593