Bitcoin Options Will Change the Game

Bitcoin Options Will Change the Game

In August 2018, Intercontinental Exchange (ICE) announced it was forming a new company.

At the time, few analysts truly understood how it would completely remake the crypto landscape.

But I did… And what my research uncovered put my readers in position to make average peak gains of up to 4,903% on a handful of tiny tokens.

You see, ICE is the parent company of the New York Stock Exchange. And it owns dozens of exchanges and settlement houses in Europe and North America.

The company has a long history of acquiring exchanges, including The New York Board of Trade in 2007… the Chicago Stock Exchange in 2008.. and Interactive Data in 2015.

So when the news came out, most mainstream analysts said, “Move along. Nothing to see here.”

But I started digging. And what I found convinced me this was a game-changer.

Here’s why…

ICE generally focuses on trading and settlement services for equities, commodities futures, and over-the-counter instruments for oil, gas, and electricity.

But this new exchange was special. It focused on an entirely new asset class: Digital assets. I knew this was a HUGE deal.

For the first time ever, Wall Street had created a regulatory-compliant way for institutions to take positions in bitcoin.

ICE called the new exchange Bakkt.

I realized Bakkt would eventually trigger an explosion of bitcoin adoption… Because it would entice other Wall Street players to start looking at bitcoin seriously.

I was right. It paved the way for other Wall Street titans to offer their own crypto custody solutions. Which is exactly what happened…

Soon after the launch of Bakkt, Fidelity said it would offer a bitcoin custody solution. TD Ameritrade, Schwab, E-Trade, Merrill Lynch, and many others followed suit.

Here’s the thing…

When ICE first announced the launch of Bakkt in August 2018, bitcoin was trading around $7,500. By December 2018, BTC had dropped nearly 60% to a low of $3,230.

People bailed on bitcoin. They couldn’t understand why the price didn’t align with the bullish fundamentals.

But I knew better.

When I give my readers bullish news on bitcoin, I always warn them that over the short term, bitcoin can still drop for any number of reasons that have nothing to do with its long-term value.

So when BTC dropped in December 2018, I didn’t hide under my desk. I told my readers this volatility is normal. It had nothing to do with the long-term viability of bitcoin. And they should use this as an opportunity to buy more.

Anyone who listened to me and bought bitcoin at the time had the chance to see their investment rise 20x over the next two years.

And as bitcoin goes higher, altcoins go ballistic. So, I positioned my readers in front of the fresh round of capital I saw coming that cycle from the launch of Bakkt.

In 2018-19, I started recommending a handful of altcoins like Kucoin (KCS), Enjin (EJN), and ChainLink (LINK). They saw peak gains of 3,302%, 5,288%, and 6,121%, respectively, during that cycle.

Combined, that’s an average peak gain of 4,903%.

Friends, this is why I always tell you to ignore the noise and focus on the long-term adoption narrative.

On any given day, absolute chaos can (and does) occur in the crypto markets. But over the long term, the adoption trend of this asset class will continue to push it far, far higher in value.

And that adoption is about to get even bigger. That’s because we’re about to see a new regulatory-compliant bitcoin product come to market.

I believe it’ll do even more to increase bitcoin adoption than Bakkt did. And in turn, send another tiny subsector of the crypto market to the moon.

Another Onramp for Institutional Investors