This Bearish Bitcoin Trade Aims To Profit After Biggest Crypto Hack In History - Investor's Business Daily

The attack has fueled fears that attacks on cryptocurrency could become more common as artificial intelligence advances, further eroding investor trust.

Bitcoin and the broader cryptocurrency market are facing increasing headwinds, including the Democrats' sweep of the U.S. midterm elections last year.

Investors looking to profit from this weakness can consider a bear put spread on the iShares Bitcoin Trust ETF (IBIT).