ChainCatcher news, according to The Block, the SEC is seeking public comment on the approval of Grayscale and Bitwise Ethereum ETF options trading. In a filing submitted on Tuesday, the U.S. Securities and Exchange Commission (SEC) accepted the application submitted by the Chicago Board Options Exchange, which involves options trading for the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF.The SEC requires relevant comments to be submitted within 21 days after publication in the Federal Register. The agency may decide to approve, deny, or "initiate further review procedures."

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that market sentiment has diverged, with some traders expecting a breakout in the $96,000-$98,000 range, while others remain bearish and continue to sell call options. Prices are oscillating in the $95,000-$96,000 range, while the S&P 500 index hits a new all-time high. Options trading strategies:Traders are actively rolling out call option spreads and extending put option positions to collect premiums, mainly focusing on contracts expiring on February 16.Notably, despite being in a low volatility environment at 36, there is still significant trading activity selling call options in the $98,000-$99,000 strike price range, expiring on February 16.Strategies include balancing short-term premium collection with long-term positions expiring in March/April/June as protection.

ChainCatcher news, Greeks.live macro researcher Adam released a community briefing stating that the community remains cautiously optimistic about the market, but is troubled by the fluctuations in the $94,000-$98,000 range.While some traders expect the price to rise to $100,000, significant resistance levels and algorithmic trading activities have hindered a sustained price increase. Despite the current price pressure, some traders still hold $96,000 call options expiring next week.

ChainCatcher message, Greeks.live analyst Adam released the English community daily briefing. Despite the impact of Trump's tariff news, the community generally maintains a bullish attitude. Traders are actively buying on dips through call option spreads and ratio options. The key support level to focus on is between $92,000 and $95,000, with the next major target at $102,000. Some traders expect the price may first touch $97,000.Many traders are keeping their existing positions unchanged but are adding new call option spreads during pullbacks. Considering the current market environment, they tend to choose narrower strike spreads ($96,000/$100,000) rather than wider spreads.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) postponed its decision on whether to approve BlackRock's listing and trading of options on its spot Ethereum ETF on Friday. According to the submitted documents, the SEC stated that it will decide whether to approve or deny the option trading for BlackRock's iShares Ethereum Trust by April 9, 2025.The SEC stated: "The Commission believes that it is necessary to designate a longer period to issue an order approving or disapproving the proposed rule change in order to have sufficient time to consider the proposed rule change and the issues that it raises."Also on Friday, the SEC sought public comments on the proposal submitted by Cboe BZX on behalf of Fidelity to list and trade options on its spot Ethereum ETF. These comments must be submitted within 21 days after the publication in the Federal Register.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) postponed its decision on whether to approve BlackRock's listing and trading options for its spot Ethereum ETF on Friday. According to the submitted documents, the SEC stated that it will decide whether to approve or deny the options trading for BlackRock's iShares Ethereum Trust by April 9, 2025.The SEC stated: "The Commission believes that it is necessary to designate a longer period to issue an order approving or disapproving the proposed rule change in order to have sufficient time to consider the proposed rule change and the issues that it raises."Also on Friday, the SEC sought public comments on the proposal submitted by Cboe BZX Exchange on behalf of Fidelity to list and trade options on its spot Ethereum ETF. These comments must be submitted within 21 days after the publication in the Federal Register.

ChainCatcher news, the Cboe BZX Exchange has proposed to amend Rule 19.3 to allow the exchange to launch Ethereum spot ETF options trading, which is a "competing filing" based on a similar proposal submitted by the New York Stock Exchange's U.S. division that is currently awaiting approval from the U.S. Securities and Exchange Commission.The document specifically mentions the Bitwise Ethereum ETF, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, and "any trust holding ETH." Cboe BZX wrote in the document: "The exchange believes that offering Ethereum fund options will benefit investors by providing them with an additional, relatively low-cost investment tool to gain exposure to spot Ethereum, as well as a hedging tool to meet their investment needs in Ethereum products and positions."

ChainCatcher news, according to Cointelegraph, since breaking through $90,000 for the first time on November 19, 2024, Bitcoin's price has consolidated in the range of $91,000 to $108,268. Multiple analysts believe that the current price consolidation is nearing its end.Analyst Rekt Capital pointed out that the current 4-week adjustment, with a decline of 15%, is close to its conclusion, significantly lower than the historical 30-35% retracement levels. Technically, the Bollinger Bands indicator shows that volatility is at an oversold level. Additionally, the market widely expects that after Trump takes office on January 20, he will issue an executive order favorable to cryptocurrencies, with bullish options trading on the Deribit options platform reaching as high as $12,000.Analyst Trader Tardigrade anticipates that the market may experience a strong rebound after completing the final round of corrections.

ChainCatcher news, Lin Chen, the Head of Asia-Pacific Business at Deribit, stated in a post on X that the largest ETH block options trade today was: a user paid $225,000 to purchase call options with a strike price of $4,000 expiring on January 10 next year, totaling 3,730 ETH.Analysis indicates that the user is bullish; if the price at delivery is >$4,020, it will be profitable. Due to low liquidity last night because of Christmas, market volatility remains high, with the current DVOL volatility index at 73.6 and the ETH/BTC exchange rate at 0.0351.

ChainCatcher news shows that according to SoSoValue data, BlackRock's Bitcoin spot ETF (IBIT) had a total of 354,000 options contracts traded this Tuesday, with a nominal trading volume of $1.86 billion, indicating extremely high market enthusiasm on its first day of listing. The options also drove a 32% month-over-month increase in IBIT trading volume. Among all traded contracts, 288,700 were call options and 65,000 were put options, resulting in a call/put ratio of 4.44, reflecting a generally optimistic market sentiment.Data shows that market trading is concentrated on bullish options expiring on January 17, 2024, with a price range of $55-$60. Corresponding to Tuesday's closing price of IBIT, there is an increase of 4.4%-13.9%, and SoSoValue analysts stated, "This roughly corresponds to a Bitcoin price of $97,000-$105,000, indicating that the market expects Bitcoin to reach $100,000 before Trump officially takes office." Notably, the implied volatility for January options is between 68%-69%, compared to IBIT's 60-day historical volatility in the 55% range, with implied volatility exceeding historical volatility, indicating that investors prefer to hold options rather than sell them.Additionally, Grayscale's spot Bitcoin ETF GBTC and BTC options trading will also begin its debut trading this Wednesday.

ChainCatcher news, Grayscale announced that its GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust) options products will officially start trading tomorrow.

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.