Bitcoin Faces $13.3B Monthly Options Expiry as BTC Trades Well Below Max Pain
A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.
Options
Record $1.26B Outflow Hits BlackRock Bitcoin ETF (IBIT) as Bearish Options Cost Soars
BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26… Read More