Downside Insurance on BlackRock’s Bitcoin ETF Now Pricier Than Bullish Bets
On Thursday, sentiment in the options market for BlackRock's spot bitcoin ETF shifted from bullish to slightly bearish.
- The one-year put-call skew became positive at 0.2%, indicating a premium for protective put options over call options.
- IBIT decreased by 1.32% to $59.99, with a net inflow of $125 million, the lowest since May 13.