Published on 31 May 2024 on Zacks via Yahoo Finance
Coinbase Option Spread Has a 50% Return Potential in Less Than 2 Months
The journey for Bitcoin investors back to all-time highs hasn’t been an easy one. But the world’s largest cryptocurrency by market capitalization has been on a tear since bottoming in late 2022. Bitcoin continues to hover near the $70,000-level after eclipsing its former high earlier this year.
Outside of owning crypto outright, several stocks are making waves in conjunction with Bitcoin’s ascent. The launch of spot Bitcoin ETFs is paving the way for this recent leg higher.