In What Scenario Would Early Exercise of an American Crypto Call Option Be Beneficial?

Early exercise of an American crypto call option is rarely beneficial for a non-dividend-paying asset like most cryptocurrencies. However, if a significant corporate action or token distribution were announced that would materially affect the underlying asset's price post-distribution, early exercise might be considered.

In general, it is usually better to sell the option itself to capture the remaining time value rather than exercise early.