Galaxy expects active Bitcoin options trading activity to last until January 2027, which is halfway through Trump's presidency

The Galaxy Digital trading team stated that BlackRock's IBIT ETF options have a large trading volume in the US stock market, with a first-day trading volume of 353,716 contracts, while the most active first-day trading of a previous options product was during the launch of Facebook options in 2012, with a volume of 360,000 contracts. Galaxy expects this active options trading activity to continue until January 2027, roughly halfway through Donald Trump's presidency. This concentrated level of long-term activity reflects investors' confidence in the long-term growth potential of Bitcoin ETFs, indicating bullish sentiment in the coming years. Galaxy added that currently, offshore cryptocurrency native platforms like Binance and Deribit have been the main markets for Bitcoin derivatives trading, but there is a noticeable volatility premium between Deribit, CME, and IBIT, which may provide arbitrage opportunities between different platforms offering derivatives trading.