$3.2B in Bitcoin options expire on Friday with BTC bulls eying profits of $780M.
Despite the positive shift, its price remains 22.5% down in twelve months, which explains why bulls are far from optimistic.
More specifically, the exchange asked the SEC to provide clarification about how it goes about classifying tokens as securities. This crude estimate considers the call options used in bullish bets and the put options exclusively in neutral-to-bearish trades. Even so, this oversimplification disregards more complex investment strategies.
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