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Bloomberg "BTC Spot ETF Results Near, Options Traders Increase Hedge Bets".

Bloomberg "BTC Spot ETF Results Near, Options Traders Increase Hedge Bets".

Options traders have increased their hedging bets, selling calls and buying puts, as bitcoin spot ETF results approach, Bloomberg reports. "Options traders have been betting on higher prices in anticipation of ETF approval," Bloomberg said. "But some traders are bracing for a 'sell on the news' sell-off after the ETF's approval.