ChainCatcher message, Kaiko released a report pointing out that BTC ETF options have become a new bullish signal for the Bitcoin market. Last week, several BTC ETF options made their debut, with BlackRock's IBIT option seeing a trading volume of 1.9 billion USD on its first day, far exceeding the 360 million USD of the BITO options in 2021. This indicates a strong demand in the market for BTC-linked derivatives.

Interestingly, over 80% of the IBIT option trades were call options, suggesting market confidence in the price increase of Bitcoin. Contracts expiring in December 2024 were particularly active, highlighting investors' focus on short-term market fluctuations.

The launch of BTC spot ETF options could accelerate institutional adoption, attracting new capital and experienced traders.