Bitcoin futures and implied volatility surge as SEC ETF deadline approaches
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According to analysis by GreeksLive, market sentiment is strong and the ETF is expected to pass, which is reflected in the Bitcoin price surging to a short-term high of $45,000.
greek liveThe leading trading analytics platform highlighted the options market’s increasing implied volatility (IV), a key indicator of market expectations and uncertainty. The IV of the at-the-money (ATM) option expiring on January 12th has reached a staggering 110%, while the IV of the 11th has exceeded 120%. IV’s significant growth (up nearly 20% since recent deliveries) highlights the high level of market expectations.
IV is up nearly 20% after recent deliveries, indicating growing expectations for Bitcoin market volatility. This increase may be due to new information or developments affecting traders’ expectations, causing them to adjust their estimates of future price movements, resulting in a spike in implied volatility. The rise in IV is a clear indication of market expectations and uncertainty regarding the outcome of the Bitcoin Spot ETF review.
Additionally, concerns about missing out are particularly strong in the U.S. and European markets as investors speculate that a spot Bitcoin ETF is about to be approved.
The official filing deadline for all ETF applications with the SEC has passed. Among the prominent issuers, only HashDex is still waiting for last-minute submissions, while others such as Grayscale, ARK 21Shares, Blackrock, BitWise, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie have completed submissions.
With the market on the verge of this potential breakout, investors and analysts await the SEC’s decision with bated breath.
