Bitcoin ETF Rumor Had a Silver Lining and It's Apparent in the Crypto Options Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

Monday's rumor-led pop in BTC showed there is plenty of dry powder waiting to cheer SEC's potential ETF approval.That said, it had a silver lining. The rally shows there's plenty of dry powder waiting to enter the market on approval of such an ETF. Monday's pop also challenged the notion that approval

Analysts at Blockware Solutions voiced a similar opinion, saying the price jump was a sign of what is to come once the ETF is approved. Perhaps, in the near term, bears may be more cautious in expressing their opinion in the market. The way bitcoin options have been priced since the rumor suggests that.The 30- and 60-day call-put skews, which measure the cost of call options relative to puts, have risen above zero, joining the longer duration skews in signaling a bullish bias.

Sentiment in the ether options market has also improved, although the bias for calls is still relatively weaker than in bitcoin.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Fidelity Shakes up Market With Updated Bitcoin ETF ApplicationFidelity's move might push approval of Bitcoin ETF closer to reality
Fonte: Utoday_en - 🏆 295. / 63 Consulte Mais informação »

Bitcoin Price Beating Stocks. Hopes Are High for a Crypto ETF.Crypto investors remain bullish on hopes that the first spot Bitcoin ETF could soon start trading.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Bitcoin Outperforms Stocks as Crypto ETF Hopes Outweigh Macro HeadwindsCrypto investors remain bullish on hopes that the first spot Bitcoin ETF could soon start trading.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant SaysBlockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »