According to Matrixport, Bitcoin's price fluctuations have remained within a relatively narrow range, as evidenced by its 30-day rolling return rate, which shows that the cryptocurrency has fluctuated within a range of ±20% over the past 18 months. This stability in price movement has led Matrixport to predict a continued decline in volatility, encouraging the adoption of a selling options strategy.

Matrixport's chart illustrates that even with Bitcoin's inherent volatility, selling out-of-the-money put and call options has been a profitable strategy, despite the potential for occasional losses. The introduction of Bitcoin ETF-related options is expected to attract more institutional investors to the market, which could further suppress volatility levels.

The firm believes that as volatility continues to decline, selling options remains a viable strategy for Bitcoin holders to earn additional returns. With the expected influx of institutional participants, Bitcoin's volatility may be further compressed, making the selling volatility strategy an appealing approach for generating