What is the meaning of 'delta one' in the context of digital currencies?

In the context of digital currencies, what does 'delta one' mean?

1 answers
- Delta one is a term used in the financial industry to describe a product that has a delta of one, meaning it closely tracks the price movements of an underlying asset. In the context of digital currencies, delta one products aim to replicate the price movements of a specific digital currency. This allows investors to gain exposure to the digital currency market without actually owning the digital currency. Delta one products can be traded on digital currency exchanges, providing investors with a way to speculate on the price movements of digital currencies without the need for a digital wallet or custody of the actual assets.
Mar 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 84
What is the future of blockchain technology?
- 81
What are the advantages of using cryptocurrency for online transactions?
- 65
What are the best practices for reporting cryptocurrency on my taxes?
- 64
What are the best digital currencies to invest in right now?
- 54
How can I protect my digital assets from hackers?
- 43
How can I minimize my tax liability when dealing with cryptocurrencies?
- 40
How does cryptocurrency affect my tax return?
- 39
How can I buy Bitcoin with a credit card?