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A new crypto-related financial tool is finally here. 

Spot bitcoin ETFs hit US exchanges in January, and more than 10 months later, investors are able to trade options on the biggest of those products (and others very soon).

As you probably know, an option is a contract representing the right to buy or sell a financial product at a certain price for a specific period of time.

Industry watchers have told Blockworks that options would lead to a more robust ecosystem around the spot ETFs, enhancing liquidity and price discovery.

CK Zheng, CIO of crypto hedge fund ZX Squared…

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