QCP Capital: IBIT options products perform well, aligning with the influence of Trump's new government and digital assets
ChainCatcher message, according to the latest report released by QCP, BlackRock's Bitcoin spot ETF (IBIT) has performed strongly in the options market, with the first hour trading volume reaching 73,000 contracts and a call-to-put ratio of 4.4:1.IBIT has entered the top 20 most active non-index options, indicating increased institutional confidence in Bitcoin as a mainstream asset class. This market reaction may attract new groups of investors and support diversified trading strategies, helping to reduce volatility and downside risk, thereby solidifying Bitcoin's position in the mainstream market.Additionally, the Trump cabinet nominations have drawn attention, particularly the selection of Elon Musk, who is friendly to cryptocurrencies, to lead the newly established Department of Government Efficiency (DOGE), and the nomination of Bitcoin supporter Peter Hegseth as Secretary of Defense. With the Republican Party controlling the Senate, most nominations are expected to pass confirmation smoothly, and Trump plans to finalize cabinet selections before Thanksgiving. These choices highlight the new government's alignment with the growing influence of digital assets in policy and finance.