Bitcoin ETF holders and treasury firms stack protection against price crash below $60,000, options exchange says

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Bitcoin BTC$67,963.04 ETF holders and corporate treasuries – the players everyone praises for their long-term vision – are stacking insurance against price crash below $60,000, cryptocurrency exchange Deribit told CoinDesk. “ETF holders and corporate treasuries are buying 6-month and 1-year puts at $60k or below ($60,000 put, a derivative contract offering protection against potential price […]