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

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.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

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

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.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

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.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

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.
แหล่ง: CoinDesk - 🏆 291. / 63 อ่านเพิ่มเติม »