QCP Capital: ETH options trading volume reached 185 this week, but actual price performance was disappointing
QCP Capital analysis shows that the US Securities and Exchange Commission (SEC) has approved the 19b-4 form of eight spot ETH ETF issuers, including Blackrock and Fidelity. However, trading cannot begin until the S-1 form is approved. The market is expected to experience a big explosion this week, with options trading volume reaching 185. However, the price trend is disappointing, causing the front-end volatility to drop below 60. Although the trading of ETH spot ETF is only a matter of time, it may take some time. As investors take the opportunity to establish more ETH long positions, the trading platform has continued to see sustained demand for long-term ETH call options.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Donald Trump's inauguration may no longer be a sell-the-news event for bitcoin, K33 says
Bitcoin’s price initially surged following Donald Trump’s election victory, buoyed by the prospect of his pro-crypto policies.However, macro headwinds have seen markets cool since mid-December, leading analysts at K33 to ponder if Trump’s inauguration is no longer a sell-the-news event.
Today, the US Bitcoin ETF has a net outflow of 2,244 BTC, and Ethereum has a net inflow of 3,511 ETH
Franklin Templeton: Expect the Fed to cut rates once or twice by 2025
US SEC Chairman: Bitcoin is now like gold, 7 billion people around the world want to trade it