“The 30-day volatility slope of bitcoin options on the CME increased to 4.4%, the highest since Donald Trump won the US presidential election on November 5. Such data was provided by CF Benchmarks, writes CoinDesk. The indicator characterizes the degree of dominance of positive attitudes. It is calculated as the difference in expected volatility between calls and puts. According to CF Benchmarks head of product Tomas Erdosi, the bullish pattern is observed across all contract durations. The expert admitted […]”, — write: businessua.com.ua
30-day volatility slope of bitcoin options on CME increased to 4.4% — the highest since Donald Trump won the US presidential election on November 5. Such data was provided by CF Benchmarks, writes CoinDesk.
The indicator characterizes the degree of dominance of positive attitudes. It is calculated as the difference in expected volatility between calls and puts.
According to CF Benchmarks head of product Tomas Erdosi, the bullish pattern is observed across all contract durations.
The expert allowed the decrease of the metric until the end of the month, noting the high chances of maintaining upward pressure on the quotation of the first cryptocurrency in the near future.
On January 20, Bitcoin updated its all-time high above $109,000.
The next day, the market experienced sharp profit-taking due to the lack of mention of cryptocurrencies during Trump’s inauguration speech.
The digital gold rate dropped to $100,120 at the moment.
In his inauguration speech, the US president did not touch on the topic of creating a national bitcoin reserve, which was on the list of his campaign promises.
At the time of writing, the rate recovered to $105,440. The rebound was accompanied by continued demand for the BTC-ETF.
On January 21, the inflow into products amounted to $802.5 million. In total, over the previous three days, investors invested $2.46 billion in instruments.
Source: SoSoValue.
Cumulative inflow since BTC-ETF approval in January 2024 has approached $39 billion.
AUM products grew to $123.6 billion.
49.1% ($60.7 billion) of this amount is accounted for by IBIT. Together with Grayscale’s GBTC ($21.59 billion) and Fidelity’s FBTC ($22.59 billion), the exchange-traded fund from BlackRock concentrated 84.8% of funds in the sector.
Source: SoSoValue.
ETH-ETFOn January 21, the inflow into ETH-ETF amounted to $74.4 million. The positive trend continued for the fifth day in a row (a total of $325.8 million).
Source: SoSoValue.
Since its launch, the tools have raised $2.74 billion. AUM increased to $12.1 billion.
ETHE from Grayscale ($4.61 billion) and ETHA from BlackRock ($3.91 billion) are the leaders in terms of funds raised.
ConsenSys founder Joe Lubin predicted “rapid” staking approval for ETH-ETFs.
CF Benchmarks experts previously estimated that by 2025, investment advisors will increase their positions in exchange-traded funds based on Bitcoin and Ethereum by more than 50%.
As a reminder, in 2024 BTC-ETF issuers and public companies purchased 859,454 BTC, according to K33 Research. This corresponds to 4.3% of the available supply and is equivalent to the next eight years of mining of coins by miners.
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