According to a widely circulated report last week, a number of firms are launching new derivative products tied to Bitcoin. Structured products and bond-like derivatives are being conjured up to attract sophisticated investors.
While the institutions have yet to arrive in their droves, the 2019 Bitcoin price rally has attracted greater interest in some of these esoteric products according to Zero Hedge. The report cites an original article by the WSJ published last week. It states that this rally has had a similar effect to the 2017 one which spawned the birth of Bitcoin futures.