Bitcoin Hits $25K But Fails to Hold; Galaxy Digital Scraps Plan to Buy BitGo

By comparison, traditional options trading of stocks accounts for 20% of the market cap of the S&P 500 at the Chicago Board Options Exchange (CBOE), EDG said. “When you think of all the other [S&P 500]-like products including [exchange-traded funds], SP Minis, etc., you can see that bitcoin options have multifold growth ahead of it,” EDG’s quant developer, Marcin Maksymiuk, told CoinDesk.

Source: https://www.coindesk.com/markets/2022/08/15/first-mover-americas-bitcoin-hits-25k-but-fails-to-hold-galaxy-digital-ends-plan-to-buy-bitgo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines