By comparability, conventional choices buying and selling of shares accounts for 20% of the market cap of the S&P 500 on the Chicago Board Choices Alternate (CBOE), EDG stated. “If you consider all the opposite [S&P 500]-like merchandise together with [exchange-traded funds], SP Minis, and so on., you possibly can see that bitcoin choices have multifold progress forward of it,” EDG’s quant developer, Marcin Maksymiuk, advised CoinDesk.