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Bitcoin is aiming at the $ 0.1 million mark: who is driving? What other investment opportunities are there?
Bitcoin has accumulated nearly a fivefold increase over the past two years, and with continuous good news from the cryptocurrency circle, Wall Street generally expects it to reach 200,000 dollars by the end of 2025.
"Bitcoin shadow stock" MSTR is extremely popular. Fund managers are calling it a "unique monster," while the etf is restricted in trading.
The fund manager of MSTR ETF MSTU, Tuttle, has always purchased derivative contracts through brokers. When he needed an exposure worth 0.1 billion US dollars, the three companies he collaborated with could only provide a total of 20 million US dollars. He had to turn to buying call options, and recently sometimes needs a 0.5 billion US dollar exposure.
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