Odaily Planet Daily News Matrixport released today's chart saying that last week, BlackRock launched Bitcoin ETF (IBIT) options, which received a warm market response, active trading volume, and a steady increase in open interest. This shows that investors' expectations for the future rise of Bitcoin are increasing. This report focuses on the analysis of data related to options expiring in December. Interestingly, the implied volatility has shown a continuous downward trend and is now close to 65%. Previously, Bitcoin rose rapidly from $70,000 to $98,000 due to market sentiment after Trump's election, but the recent rise has slowed down. In the future, Bitcoin prices may enter a more stable rising phase, which may further reduce implied volatility. The decline in implied volatility is good news for traders because it means that the cost of Bitcoin call options is reduced, and investors can open positions at lower prices, giving them the opportunity to expand their positions. At the same time, the increase in demand for options trading and the increase in large transactions may also further drive up Bitcoin prices.

#BTC #ETF