Insurance against price drops in BlackRock’s Bitcoin ETF (IBIT) is the costliest since April’s crash, with one-year puts trading at a 4.4 vol premium over calls—signaling surging demand for downside protection.

Insurance against price drops in BlackRock’s Bitcoin ETF (IBIT) is the costliest since April’s crash, with one-year puts trading at a 4.4 vol premium over calls—signaling surging demand for downside protection.
Coindesk
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