Traders are positioning for a surge in ethereum prices, betting that Wall Street’s top securities regulator will next year give the go-ahead for a US exchange traded fund tracking the world’s second-biggest cryptocurrency.
Pricing in options, tools that let investors bet on future movements in financial assets, suggest market participants are wagering that ethereum will more than treble to $15,000 by March next year.
The move comes a week after the Securities and Exchange…
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