Greeks.live: The short-term impact of the ETF approval has essentially ended, and the market trends it brings need time to be digested

Bitget2024/01/18 03:31

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Macro analyst Adam from Greeks.live pointed out on the X platform that the short-term impact of ETF approval has essentially ended based on this week's market and data observations.

The volatility level of BTC has dropped to a new low within a month, with both major term RV and IV showing significant declines, and short-term IV plummeting below 45%. According to current options market data, institutions expect narrow fluctuations before the Spring Festival, and it will take time to digest the market brought by ETFs.

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The accident resulted in injuries to 15 workers, with no fatalities reported so far. According to US media, the mine has temporarily suspended its underground operations. Oyu Tolgoi is one of the world's largest copper mines and a key source of future copper production growth for Rio Tinto. The impact of the accident on the mine's recovery schedule and copper output is still under assessment. On Thursday, Rio Tinto ADRs saw their losses widen to as much as 4.3%, reaching a new low since March; New York copper prices fell by 1%, briefly bouncing after the news before resuming their decline.

华尔街见闻•2026/10/29 20:21