Deep Tide TechFlow news, on November 19, QCP Capital's latest analysis points out that NASDAQ will start offering options trading for BlackRock's Bitcoin spot ETF (stock code: IBIT) today. The derivatives market for traditional assets typically has a scale 10-20 times that of the underlying asset's market value, and this move will bring significant opportunities for the Bitcoin derivatives market. Institutional investors may focus on the yield generation from their long spot ETF positions, which could lead to further compression of implied volatility.
The third quarter 13F filings show that the number of institutional holders of MicroStrategy has increased from 667 to 738, with Vanguard increasing its holdings by nearly 16 million shares, a growth rate of 1000%. Meanwhile, Goldman Sachs is planning to divest its digital asset platform, further highlighting the integration of cryptocurrency and traditional finance. In the options market, the $100,000 strike price for December still maintains the highest open interest. As spot prices stabilize above $90,000, the implied volatility butterfly spread has decreased by 1 point compared to last week, which may lay the foundation for further Bitcoin price increases.

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