交易量

Kaiko: ETF options are the latest bullish signal for BTC

ChainCatcher news, Kaiko released a report stating that ETF options are the latest bullish signal for BTC. Last week, several BTC ETF options made their debut, with BlackRock's IBIT options reaching a notional trading volume of $1.9 billion on the first day, totaling 354,000 contracts. In comparison, BITO options had a trading volume of $360 million when they launched in 2021. This strong buying power highlights the robust demand for BTC-linked derivatives and bullish market sentiment.Notably, over 80% of the IBIT first-day options trading volume was in call options, reflecting a strong belief in the price increase of Bitcoin. Trading activity was primarily concentrated on options with near-term expirations, with contracts expiring in December 2024 dominating. The share of IBIT call options significantly exceeded that of the largest crypto-native options market, Deribit, where call options accounted for 64% of trades.The launch of BTC spot ETF options could further accelerate institutional adoption. These tools allow investors to hedge risks and devise complex strategies to profit from Bitcoin's volatility. Additionally, they could drive the creation of structured products, which offer customized investments with specific risk-return characteristics, often developed by large financial institutions. This could attract new capital and a new wave of experienced institutional traders.
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