According to ChainCatcher, Matrixport released a daily chart showing that the actual volatility of Bitcoin is relatively low compared to the bull market in 2020/2021. This may be due to the rise of highly volatile alternative assets (such as meme coins), or institutional investors gradually replacing more volatile retail traders and becoming the dominant force in the market.
Currently, Bitcoin spot ETF options are officially launched, providing a new window for observing market dynamics. In the context of the current medium level of Bitcoin's 30-day actual volatility, traders may push up implied volatility by buying call options, or profit from attractive volatility premiums by selling options.
The addition of an active options market is another important milestone in Bitcoin’s move toward financialization, and is expected to increase market liquidity and attract more professional investors to participate.
