ChainCatcher news, according to Coindesk, based on two memos released by the U.S. Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options for the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).Cboe Global Markets has been approved to list and trade options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB). A few weeks ago, the U.S. Securities and Exchange Commission approved Nasdaq's rule proposal allowing options for BlackRock's iShares Bitcoin Trust (IBIT) to be listed and traded.Many market participants believe that options trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and enhance overall liquidity.

ChainCatcher news, DWF Labs announced that its trading platform will expand to options trading for Web3 assets. In addition to offering standard options contracts, DWF Labs will also outline options products tailored to specific customer needs.

ChainCatcher news, Greeks.live researcher Adam posted on social media that as the cryptocurrency market continued to rise yesterday, the options market saw a large number of block trades. In the past 24 hours, the total trading volume in the crypto options market exceeded $1.2 billion, with Bitcoin put options having the highest trading volume at $530 million, accounting for a quarter of the total trading volume for the day.The largest single trade had a notional value of $66 million, specifically:Sold 500 Bitcoin put options expiring on March 28, 2025, with a strike price of $40,000, each for 0.0130 BTC, with an implied volatility of 60.50%.Bought 500 Bitcoin put options expiring on December 27, 2024, with a strike price of $40,000, each for 0.0042 BTC, with an implied volatility of 67.85%.This deeply out-of-the-money calendar spread trade shows that the trader collected about $300,000 in premiums, leaning overall bullish, but the specific trading intent is difficult to determine accurately. Greeks.live analysis suggests that the selling power in the options market has been strong recently, especially with put options being priced favorably. Although the cost of buying put options is low, it also indicates that most market participants do not have a positive outlook in that direction.

ChainCatcher message, Matrixport released a chart stating that a year ago, we predicted that Bitcoin's volatility would remain within +/-20% during any 30-day rolling period, indicating a lower likelihood of significant rebounds or declines. This provides options sellers with the opportunity to capture additional premiums, thereby enhancing Bitcoin's yield.This strategy only experienced slight temporary losses during two brief periods at the end of Q3 2023 and Q1 2024. With the launch of Bitcoin spot ETFs, volatility is expected to decrease further, making options selling a potentially effective profit strategy in the coming months.

ChainCatcher news, according to data released by Deribit officials: Today’s largest ETH block options trade involved a user selling 850 ETH of March 2024 $2600 put options and $2800 call options, earning a premium of $747,000.It was stated that the user is shorting volatility, with a profit range of $1950 to $4200, achieving a coin-based return of 32.3%.

ChainCatcher news, according to CryptoSlate, based on the latest regulatory documents, the U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Ethereum spot ETF options trading applications from BlackRock and Bitwise, with the new deadlines set for November 10 and November 11, respectively. The SEC stated that it needs more time to consider the proposal and has extended the initial 45-day review period.According to previous reports, the SEC has approved the listing and trading of BlackRock's Bitcoin spot ETF (iShares Bitcoin Trust, referred to as IBIT) options.

ChainCatcher news, Greeks.live researcher Adam posted on social media that last week's macro data did not have much impact. Next Thursday is the Federal Reserve's interest rate meeting, and a 25 basis point rate cut has once again become a major point of discussion. The cryptocurrency market is very weak, with BTC dropping nearly 10% since September, and market confidence is low, putting the market in an oversold state.This week's major events:On Tuesday, September 10, Apple will hold a new product launch event;On Wednesday, September 11, the U.S. August CPI will be released, and U.S. presidential candidates Harris and Trump will debate on ABC News;On Thursday, September 12, the number of initial jobless claims in the U.S. for the week will be announced, and the European Central Bank will release its interest rate decision;On Friday, September 13, the U.S. September University of Michigan Consumer Sentiment Index will be released.Cryptocurrency market outlook: The market is weak, and investor confidence is severely lacking. Implied volatility (IV) across major maturities has rebounded, with a more noticeable rebound in the short to medium term. Options trading is focused on next week's Federal Reserve interest rate meeting. Currently, short to medium term IV is still at a year-to-date low, making it a good time to construct bearish ratio spreads based on market timing.

ChainCatcher news, Grayscale and Bitwise jointly submitted a rule change proposal to the U.S. Securities and Exchange Commission (SEC) to allow trading of options on the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust.The filing states that these options will provide investors with an additional, relatively low-cost investment tool, while serving as a hedging instrument to meet investors' demand for Ethereum products and positions. The public comment period for the proposal will expire in 21 days. Several companies are also seeking trading approval for spot Bitcoin ETF options, but have not yet been granted approval.

ChainCatcher news, according to information released by Lin, the head of Deribit's Asia-Pacific business, today in a large BTC options trade, a user paid $3.617 million to sell a call option with a strike price of 65,000 expiring at the end of June, while simultaneously buying a call option worth $100,000 expiring at the end of March next year, totaling 250 BTC.According to official personnel, this type of operation is a common strategy recently, with a short-term bearish outlook and a long-term bullish outlook, using the premium obtained from selling options to lower the cost of purchasing long-term options, and making some hedges to reduce risk.

ChainCatcher news, according to Greeks.live macro researcher Adam's post on social media, today's large bullish options trading volume has significantly increased. The trading volume of large bullish options for ETH reached 67,000 contracts, accounting for nearly 30% of the total trading volume for the day, while BTC large bullish options trading volume was 3,400 contracts, accounting for 20% of the total trading volume for the day. From the trading distribution, the largest contract for ETH was the 4000 Call expiring in September, and the largest contract for BTC was the 90000 Call expiring in December, both being far out-of-the-money bullish options.In addition, just recently, a giant whale transferred $100 million worth of ETH into Deribit, and multiple signals indicate that a major rebound is on the way.

ChainCatcher news, according to QCP Capital analysis, the U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 filings of eight spot ETH ETF issuers, including Blackrock and Fidelity. However, trading cannot begin until the S-1 form is approved. The market expects a big explosion this week, with options trading volume reaching as high as 185 contracts. However, the price trend has indeed been disappointing, causing front-end volatility to drop below 60. While trading of the ETH spot ETF is now just a matter of time, it may take a while. As investors take the opportunity to build more long ETH positions, the trading desk has continued to see sustained demand for long-term ETH call options.

ChainCatcher news, according to The Block, BitMEX announced a partnership with PowerTrade to launch options trading on its platform, aiming to capture market share from Deribit.It is reported that PowerTrade is a cryptocurrency options platform, supported by Ascend Ventures, Pantera Capital, and Ledger Prime.

ChainCatcher news, Greeks.live researcher Adam posted on social media that despite the Bitcoin halving being just around the corner, BTC volatility has significantly increased this week, with RV rising sharply. However, the downward trend in implied volatility (IV) across major expirations is very evident, with BTC Dvol dropping to 69% and ETH Dvol dropping to 71%.It is reported that the margin released from quarterly settlements is gradually shifting to seller positions, with over 10,000 BTC positions at each integer level above $70,000. This week, whale operations have mainly focused on selling calls, while there have also been many put purchases during the downturn. Overall, the market sentiment is relatively subdued due to multiple factors, including high macro interest rates, limited ETF capital inflows, corrections in U.S. stocks and other risk assets, and active U.S. regulatory agencies. The cost-effectiveness of buying short-term options while IV is low is very high.

ChainCatcher news, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow the New York Stock Exchange to offer Bitcoin spot ETF options trading.According to a document dated April 8, the SEC's delay will affect options trading for the Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), and other Bitcoin-holding trusts listed on the New York Stock Exchange. The securities regulator stated, "The Commission believes that it is necessary to designate a longer period to take action on the proposed rule change in order to have ample time to consider the proposed rule change."It is reported that the next deadline for the SEC's decision on the proposed rule change by the New York Stock Exchange is May 29, by which time a decision to approve, deny, or postpone must be made.

ChainCatcher news, according to Bloomberg, Goldman Sachs' institutional clients in the Asia-Pacific region have shown renewed interest in Bitcoin, Ethereum, and other crypto assets.Max Minton, head of digital assets at Goldman Sachs Asia-Pacific, said in an interview: "The recent ETF approvals have sparked renewed interest and activity among our clients." Many of our large clients are actively participating or exploring activities in this space. "Minton explained that most of the new demand is primarily coming from Goldman Sachs' existing clients, who are participating through the bank's options and futures products, with hedge funds being the most active clients.

ChainCatcher message, Greeks.live macro researcher Adam posted the March 15 options expiration data on the X platform:30,000 BTC options expired, Put Call Ratio of 0.79, maximum pain point at $66,000, notional value of $2.1 billion.330,000 ETH options expired, Put Call Ratio of 0.69, maximum pain point at $3,550, notional value of $1.25 billion.This week, the crypto market remains strong, with Bitcoin's price briefly breaking $70,000. However, in the latter half of the week, Bitcoin ETF inflows slowed down, and the price began to enter a correction phase. The implied volatility for major maturities is showing a downward trend but remains at a relatively high level for the year. The U.S. capital is driving the spot bull market, and now that the inflows have slowed, the price is entering a consolidation phase, but options trading volume and open interest continue to rise.