I presume that a Bitcoin ETF would have an option chain. But, I also presume that we won't be able to hold bitcoin anywhere to use it as collateral for writing options for the ETF. Are these correct presumptions? If so, this seems like a logical subsequent step.
Also, I understand that LedgerX exists but it has relatively thin liquidity. It would be really useful if the option chain on an ETF had deeper liquidity and long-dated options.
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