Tag: Options

SOL, XRP ETF filings are ‘call options’ on Trump win: Bloomberg analyst

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The flurry of filings to list alternative cryptocurrency exchange-traded funds (ETFs) in the United States are “call options on a Trump victory” in the upcoming presidential elections, Eric Balchunas, an ETF analyst at Bloomberg Intelligence, said on Oct. 25. “If [former US president Donald] Trump wins […] he will definitely put in a more libertarian [Securities and Exchange Commission] chair,” Balchunas said during the Plan B Forum conference in Lugano, Switzerland. “So if you see a Trump victory, watch this space, and if you see a [Kamala] Harris victory, just…

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These crypto ETFs are ‘call options’ on the US elections

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The United States presidential election on Nov. 5 may determine the fate of more than a half dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators. In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP) and Litecoin (LTC), among others. Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens. In effect, these filings are “call options on a Trump victory” in the US presidential race,…

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How to Buy a Home with a Crypto-Backed Loan: Steps & Options

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Key takeaways Crypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings. The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing loan terms. These mortgages offer tax advantages, streamlined approvals and the ability to retain crypto investment value while accessing liquidity. Platforms like Nexo provide tailored solutions, but thorough research is essential to ensure security and regulatory compliance. Crypto-backed mortgages are a watershed moment in real estate financing because they let you use…

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DeFi options platform uses social logins, margin trading to draw in liquidity

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A DeFi options platform using social logins and undercollateralized trading to draw in liquidity providers just launched, according to a June 15 announcement. The protocol, called “Synquote,” is capable of handling large trades with much less slippage than previous options platforms, the team claims. Synquote user interface. Source: Synquote According to the announcement, Synquote did over $25 million of notional volume in its beta period, which began on March 17. The largest trade during this period was for $1 million in notional volume, which was executed without any detectable slippage,…

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