Early Thursday, Coindesk Bullish-to-Neutral Shift in Sentiment reported in the Options Market tied to Blackrocks Spot Bitcoin Exchange-Traded Fund (ETF). But by the end of the day, the situation was further aggravated, with a mood that became a bit bearish.
The annual Put-Call cattle that reflects how market prices in volatility risk of putting options that provide downward protection compared to Bullish call options became a bit positive to 0.2%, according to Data Source Market Chameleon.
In other words, the day closed with protective options traded with a weak prize compared to calls in a sign of renewed Bearish atmosphere.
Ibit dropped 1.32% to $ 59.99 Thursday while registering a Net Inflow of $ 125 million, the lowest single-day context since May 13, according to Data Source Sosovalue.
