You can bet on trading volume too

The SEC approved a new type of option this week
It’s not a bet on stock prices
It’s a bet on figures in company earnings reports
Coinbase’s trading volume
How many bitcoins MARA mines
They can all be used as underlyings

Cash-settled at expiration
Guess right and you get a fixed payout
Guess wrong and it’s worth nothing

Put simply
How hot the crypto market is
Can now be bet on separately on regulated exchanges
The product hasn’t actually been listed yet

Once it goes live
I’ll be keeping an eye on the Coinbase contract first
To see how much trading it gets

#CryptoMarket