The Ethereum ETFs allow investors to gain exposure to digital assets without the need to buy and store the virtual coin themselves. Options give investors the right to buy or sell an asset at a predetermined price by a set date.
Crypto options are popular because they allow investors to gain exposure to the performance of an asset, rather than just investing in it. Traders are able to bet on the future price of a digital coin, and the market for doing so is much bigger than the spot one. Options trading on ETFs adds more liquidity to the crypto investment space, experts previously told Decrypt.