# Сопутствующие статьи по теме Options

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Options", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

NYSE Exchanges Scrap Crypto Options Cap on Bitcoin and Ether ETFs

NYSE-affiliated exchanges, including NYSE Arca and NYSE American, have eliminated the 25,000 contract position limit for Bitcoin and Ether ETF options. This change applies to options linked to eleven crypto ETFs, such as the iShares Bitcoin Trust and ARK21Shares Bitcoin ETF, aligning their rules with the broader derivatives market. The decision aims to improve market efficiency, liquidity, and price discovery by allowing larger positions, reflecting the growing size and maturity of crypto markets. It offers institutional investors greater flexibility in managing exposure and supports the continued integration of cryptocurrency products into conventional financial systems.

TheNewsCrypto03/23 06:54

NYSE Exchanges Scrap Crypto Options Cap on Bitcoin and Ether ETFs

TheNewsCrypto03/23 06:54

Why Truly Mature Traders Are Starting to Monitor Bitcoin Volatility

The article explains why sophisticated traders are increasingly focusing on Bitcoin volatility rather than just price direction. It argues that while price indicates where the market is, volatility reveals the density of risk and the path ahead. Many traders lose not because they misjudge direction, but because they misjudge volatility—entering or exiting at inopportune times due to unexpected swings. The text distinguishes between historical volatility (past price movements), implied volatility (market expectations derived from options pricing), and volatility indices like BVIX, EVIX, and Cboe’s BITVX, which make future volatility expectations visible and tradable. These instruments signal a maturation in crypto markets, shifting from purely trading price to also trading risk, uncertainty, and market expectations. A key insight is that low volatility does not mean low risk; it often masks growing fragility, as complacency leads to increased leverage and crowded strategies. When volatility is compressed, the risk of a sudden, extreme move (a "fat tail" event) rises. Conversely, high implied volatility may indicate overpriced fear, creating opportunities to sell volatility for seasoned traders. The article concludes that understanding volatility is essential for advanced trading—it helps with risk management, identifies mispriced expectations, and reveals market sentiment before price moves. As crypto develops better volatility infrastructure, traders who monitor indicators like BVIX or EVIX gain a deeper understanding of what the market is truly pricing: not just direction, but uncertainty itself.

marsbit03/20 00:30

Why Truly Mature Traders Are Starting to Monitor Bitcoin Volatility

marsbit03/20 00:30

Supply Cleared, Conviction Pending

Bitcoin has broken above the $70k resistance, trading near $74k and clearing a dense supply cluster between $59k–$72k. It now enters a low-resistance "air gap" up to $82k. While the move is encouraging, the Percent of Supply in Profit remains at ~60%, below the 75% threshold needed to confirm a bull market. The rally is supported by renewed spot ETF inflows, positive CVD trends, and institutional re-engagement, but derivatives show defensive positioning with negative funding rates and subdued futures open interest. Options markets indicate stabilizing sentiment, though negative gamma at $75k may influence near-term price movement. Sustained upside requires continued capital inflows and broader market conviction.

insights.glassnode03/18 14:23

insights.glassnode03/18 14:23

Bitcoin traders pile into $75K bets as March options expiry dominates open interest

Bitcoin is nearing the critical $75,000 resistance level as traders heavily concentrate on $75,000 call options ahead of the major quarterly expiry on March 27. This single expiry date represents over 40% of Bitcoin’s total open interest, creating a highly concentrated derivatives event. The put-call ratio of 0.68 indicates strong bullish sentiment. Analysts describe the buildup as a "gamma wall," where a breakthrough above $75,000 could trigger a gamma squeeze, accelerating upward momentum. Conversely, failure to break resistance may keep Bitcoin range-bound. With over $41 billion in open interest, this expiry is poised to be a key volatility catalyst.

ambcrypto03/16 19:02

Bitcoin traders pile into $75K bets as March options expiry dominates open interest

ambcrypto03/16 19:02

BlackRock Rejects Exotic Crypto ETFs, Focuses on Bitcoin and Ethereum Funds

BlackRock will not launch complex or "exotic" cryptocurrency ETFs and is focusing its digital asset strategy primarily on Bitcoin and Ethereum products, according to Robert Mitchnick, the firm's head of digital assets. He stated that investor interest is currently concentrated on these two major cryptocurrencies, and the company will take a cautious, disciplined approach to expanding its offerings. While monitoring other digital assets for maturity and demand, BlackRock emphasizes a discerning selection process for its iShares ETFs. The asset manager recently launched the iShares Staked Ethereum Trust ETF, which saw significant trading volume and inflows. This follows the successful introduction of its Bitcoin and Ethereum Trust ETFs, which have attracted substantial investor capital. Mitchnick noted that Bitcoin ETF investors are typically long-term holders who accumulate on price dips. BlackRock is also developing new products like the Bitcoin Premium Income ETF, which uses options strategies to generate yield, though it may limit upside potential. The firm remains focused on providing institutional investors with core crypto investment opportunities.

TheNewsCrypto03/14 11:59

BlackRock Rejects Exotic Crypto ETFs, Focuses on Bitcoin and Ethereum Funds

TheNewsCrypto03/14 11:59

Trading Moment: Crude Oil, US Dollar, and US Treasury Yields Rise Amid War, Bitcoin Holds Steady Above $70,000 Against Macro Headwinds

Amid escalating US-Iran tensions, Brent crude oil surged past $100 per barrel, driving concerns over supply disruptions and inflationary pressures. This triggered a rise in the US dollar and Treasury yields, while US stock indices fell over 1.5%. The conflict has led to significant oil supply disruptions, with warnings that prices could exceed historical highs if the situation worsens. The Fed's rate cut expectations diminished, with traders pricing in less than one 25-basis-point cut for 2026. Despite macro headwinds, Bitcoin held above $70,000 for four consecutive days, consolidating within a $62,000–$72,000 range. Options data showed $1.8 billion in BTC options expiring, with a max pain point at $69,000. Technical indicators suggest support near short-term cost bases, though long-term holder selling pressure exists around $78,880. Market sentiment is mixed: bears warn of a potential drop below $60,000, while bulls highlight strong institutional buying and technical buy signals. Key data showed continued inflows into Bitcoin and Ethereum ETFs, while fear and greed index indicated extreme fear. Notable market events include a $50 million DeFi slippage incident on Aave and several upcoming token unlocks. Top gainers included Pi Network (up 29.7%) and AI-related tokens.

marsbit03/13 07:47

Trading Moment: Crude Oil, US Dollar, and US Treasury Yields Rise Amid War, Bitcoin Holds Steady Above $70,000 Against Macro Headwinds

marsbit03/13 07:47

Open Interest in Options Exceeds Futures for the First Time: How Are On-Chain Derivatives Approaching the Eve of an Explosion?

The cryptocurrency options market is experiencing significant growth, with Bitcoin options open interest reaching $65 billion in mid-2025, surpassing futures open interest for the first time. This shift highlights increasing institutional demand for defined-risk tools like options over pure leverage instruments. While centralized platforms like Deribit (acquired by Coinbase) and CME’s IBIT options dominate, on-chain derivatives are gaining traction but remain nascent. DeriveXYZ leads in on-chain options with over $700 million in notional trading volume, having evolved from an AMM to a gas-free central limit order book on its own Layer 2. Its portfolio margin system and cross-margin support appeal to institutional users. Similarly, KyanExchange combines order book matching with on-chain portfolio margins and partial liquidation mechanisms. Structured products and hedging needs are driving adoption, as evidenced by the success of options-based yield strategies in TradFi. Regulatory clarity is improving, with recent SEC-CFTC joint statements and legislative progress reducing uncertainty. CME’s planned 24/7 crypto options trading further signals maturation. Though on-chain options are still early, infrastructure and regulatory developments suggest potential for expansion.

比推03/12 14:05

Open Interest in Options Exceeds Futures for the First Time: How Are On-Chain Derivatives Approaching the Eve of an Explosion?

比推03/12 14:05

On the Eve of the Explosion of On-Chain Options

On-Chain Options on the Brink of Breakout The cryptocurrency options market is larger than most realize, with CME's crypto derivatives volume up 46% year-over-year. Institutional investors require defined-risk tools like options for hedging large positions. A pivotal shift occurred in mid-2025 when Bitcoin options open interest reached $65 billion, surpassing futures for the first time, indicating a move from pure leverage to risk-defined instruments. Growth is concentrated on Deribit (now backed by Coinbase after its acquisition) and traditional finance capital via IBIT options. While decentralized derivatives have grown from 2% to over 10% market share in two years, on-chain options remain nascent. @DeriveXYZ leads with over $700 million in notional options volume over 30 days. It has evolved from an AMM to a gas-free central limit order book on its own L2, featuring portfolio margin and cross-margin. @KyanExchange is approaching similarly with on-chain portfolio margining and partial liquidation mechanics. Structured products and asset managers urgently need options for their defined risk/return profiles. Institutional demand is clear, with IBIT options OI surpassing the gold ETF GLD and CME handling $3 trillion in crypto derivatives notional volume in 2025. Regulatory clarity is improving. A joint statement from the SEC and CFTC in 2025 allows regulated exchanges to trade spot crypto assets, and the CLARITY Act has passed the House. This improved environment, alongside CME's planned 24/7 crypto options launch, suggests the timing is finally ripe for on-chain options to flourish.

marsbit03/12 10:29

On the Eve of the Explosion of On-Chain Options

marsbit03/12 10:29

BTC Market Pulse: Week 11

Bitcoin retreated from the $74k level, showing tentative signs of stabilization. Momentum improved modestly with RSI recovering, though overall price action remains subdued. Spot trading volume was lower, indicating limited participation. Futures open interest rose, while funding rates turned negative, reflecting mixed derivatives sentiment. Options markets became less defensive as volatility spreads narrowed and skew declined. ETF inflows accelerated, though the average holder is now underwater. On-chain metrics were mixed: transfer volume improved, but active addresses and fees remained soft. Supply in profit and NUPL saw modest recovery. Overall, conditions are stabilizing with slight improvements in momentum, ETF demand, and profitability. However, capital flows remain weak, speculative activity is low, and broader conviction has not yet fully returned.

insights.glassnode03/09 19:06

insights.glassnode03/09 19:06

Bitcoin – Derivatives flash ‘mixed signals,’ but is $72K a real possibility?

Bitcoin recently broke above $70,000 but has since retreated to around $68,000, reflecting mixed signals in the derivatives markets. Options data shows declining implied volatility and a balanced skew, indicating low expectations for major near-term price movement and a lack of strong directional bias. In contrast, the Perpetual Futures market reveals significant long liquidations and a drop in open interest, suggesting short-term bearish pressure and trader caution. However, slightly positive funding rates and a liquidation heatmap with stronger liquidity clusters above current prices suggest potential upward momentum. While a drop toward $66,000 is possible, a rebound to $72,000 remains achievable if buying pressure resumes.

ambcrypto03/07 16:01