Bitcoins

GSR launches structured product for hedging bitcoin volatility


GSR, a specialist in algorithmic digital assets trading and market making, has Bitcoin Variance Swap, which allows Investors, traders, and companies to purchase and hedge their digital asset portfolio against the volatility of bitcoin.

Volatility in the world of cryptocurrency often makes front page news as massive swings in and out of the nascent market can cause huge fluctuations in value of digital asset portfolios. For the crypto markets, high volatility is part of the game. The introduction of a Bitcoin Variance Swap will allow traders, investors, and companies the ability to hedge against market volatility that happens during bitcoin price fluctuations. In the beginning of April, bitcoin experienced a 200 per cent increase in volatility.
 
“We are introducing a new product into the world of digital assets that allows traders, investors, businesses or anyone who holds a serious portfolio, to hedge against and take advantage of one of the most common and intimidating parts of crypto markets: volatility,” says Cristian Gil, Co-Founder of GSR. “While GSR is a veteran in this space, many of the financial instruments that are common in traditional finance have not made their way to the digital asset space. We believe that this product will be a mainstay of portfolio managers in the months and years to come.”

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