Bitcoin futures and implied volatility soars as the SEC’s ETF deadline closes
According to Analysis from GreeksLive, there is a strong market sentiment expecting the ETF to pass, reflected in Bitcoin’s price surge to short-term highs of $45,000. GreeksLive, a leading trading analytics platform, highlights the increasing implied volatility (IV) in the options market, a key indicator of market expectations and uncertainty. The at-the-money (ATM) option IV, expiring on Jan. 12, has reached a staggering 110%, while the IV for the 11th has surpassed 120%. This significant rise in IV, nearly 20% following recent deliveries, underscores the market’s heightened anticipation. The results of the Bitcoin Spot ETF review are about to be finalized, and the market is now widely expected to pass with flying colors. Fueled by the ever-present positive news, BTC is currently back to short-term highs of $45,000. The current ATM option IV expiring on the 12th… pic.twitter.com/ZsDXGb3AVd — Greeks.live (@GreeksLive) January 8, 2024 You might also like...