Appetite for Bitcoin options trading has increased as the cryptocurrency market prepares for spot Bitcoin exchange-traded fund (ETF) approval.
Offered by cryptocurrency options data platform Greeks.Live to data by Bitcoin options More than 100% demand sees. Current data January 11 While it shows that the options expiring on the date are inflated in the purchase direction, the level on this date over 120% output.
With this January 12 Bitcoin futures options are also in the center of attention in the same way. to a 110% demand hosted.
This increase in option data was interpreted as investors now taking spot Bitcoin ETF approval as a certainty. Greeks.Live is an undeniable proof of this situation. FOMO He underlined what he created.
on the other hand January 12 Stating that the post-mortem option data is more complex, the platform said that institutional investors were at the peak of the ETF’s momentum. started to take short positions he emphasized.
US Securities and Exchange Commission (SEC) Wednesday, January 10 It is expected to approve spot Bitcoin ETFs on Monday and these ETFs will be available for trading before the end of this week.
