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The Bitcoin Halving's Degen Bets

Where are Bitcoin bulls making leveraged bets?
The Bitcoin Halving's Degen Bets
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BTC Beta. The Bitcoin Halving is scheduled for Saturday, April 20, but HODLing BTC is far from an exciting activity for crypto degens! What plays can you make in advance of this event to get high-beta exposure to BTC and potentially capture enhanced upside (or downside)?

Historically, Bitcoin’s Halving has coincided with an immense appreciation in the price of BTC, attributed to a decrease in inflationary block rewards reducing miner sell pressure and allowing the coin to enter price discovery mode.

Many crypto traders anticipate that this year’s Halving will yield similar results, yet are not satisfied with BTC’s relatively muted return profile; for them, higher beta alternatives enhance volatility while affording the opportunity to continue holding spot crypto assets, eliminating the complications with leverage and risks of liquidation.

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Jack Inabinet

Written by Jack Inabinet

932 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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