RATE Group | Bombshell 74-Page Report Shows JP Morgan is Closely Exploring Bitcoin Options
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Bombshell 74-Page Report Shows JP Morgan is Closely Exploring Bitcoin Options

26 Feb Bombshell 74-Page Report Shows JP Morgan is Closely Exploring Bitcoin Options

Posted at 06:07h in Bitcoin News by

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Over the past few years, we’ve seen Bitcoin change from a spot trading-only market to one dominated by derivatives — evidenced by the investor activity seen on BitMEX, Deribit, the CME, Bakkt, and other crypto derivatives platforms.

Indeed, the lifetime aggregate volume on BitMEX’s XBT swap future recently surmounted $2 trillion, and the CME has been registering hundreds of millions of dollars worth of Bitcoin futures trades each and every day.

Related Reading: Why an Analyst is Expecting a 40% Drop in Ripple’s XRP as Crypto Crash Continues

The growth in derivatives hasn’t gone unnoticed, with JP Morgan, recently releasing an extensive crypto-themed report in which it revealed it is keeping a close eye on Bitcoin derivatives.

JP Morgan: Bitcoin Derivatives Are Seeing “Genuine” Demand

If you were around in 2017 and 2018, you likely remember the reports from mainstream media revealing that JP Morgan’s CEO, Jamie Dimon, wasn’t the biggest fan of Bitcoin; in interviews, he…

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