Bitcoin isn't always uncorrelated. During periods of global liquidity stress, it has historically moved with broader markets.
We ran a rigorous backtest on hedging a Bitcoin portfolio using traditional TradFi options.
The result outperformed 100% pure BTC while drastically cutting the max drawdown.
Read more ⬇️
https://www.binance.com/en/research/analysis/small-allocation-big-impact/
Post #959
2.14K