Protection against price drop in Blackrocks Spot Bitcoin
Exchange-Traded Fund (ETF)is now on its most expensive since the early April market glass.
Monday, the spread between implied volatility (IV) For 25-Delta sets and 25-Delta Optiers to Ishares Bitcoin Trust Etf (Ibit) Rose to 4.4, the widest since April 10, according to Data Source MarkedSkæleon.
In other words, set options that secure the buyer against price drop in the underlying asset traded with a prize of 4.4 IV relative to calls or bullish bets. It is a sign investor that is increasingly seeking protection against price declines, reflecting growing concerns over the Ibit’s prospects in the short term.
Ibit gapped lower at $ 65.72 Monday and tracks loss overnight on the spot -bitcoin market. At the time of the press, the ETF shares traded $ 65.44, down 1.51% for the day, after reaching a record height of $ 69.89 last week, according to data source trading.
