According to data in the derivatives market, the approval of spot Bitcoin exchange-traded funds (ETFs) may have lost its effect in the short term.
By derivatives analyst Greekslive to share The short-term impact of ETFs, which started trading last week, on the cryptocurrency market, It seems to be over.
The volatility level in the market in the last month to its lowest level fell, Both realized volatility as well as volatility implied by options It was stated that there was a significant decrease.
Bitcoin experienced great fluctuation within a few days after spot ETFs started trading. first approached 49 thousand dollars next below 43 thousand dollars declined.
Institutional investors’ expectations before spring in a narrow range will change and the impact of ETFs on the market will be digested. it will take time It is estimated.
