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

avatarthrowterDec 15, 2021 · 3 years ago1 answers

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

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

1 answers

  • avatarDec 15, 2021 · 3 years ago
    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.