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The implied volatility of Bitcoin options this week exceeded 97%, which is three times higher than the low point of about 30% in October last year

The implied volatility of Bitcoin options this week exceeded 97%, which is three times higher than the low point of about 30% in October last year

Bitget2024/01/20 02:20
Glassnode data shows that the implied volatility of Bitcoin options has reversed since mid-October last year. Since May 2021, with the weakening market interest during the bear market, implied volatility has been declining for many years. However, this downward trend seems to have reversed recently. The implied volatility has more than tripled from its low point of about 30% in October and exceeded 97% this week.
 
With spot ETF products opening new doors for institutional and retail capital, Bitcoin's volatility characteristics may also begin to evolve. It is also worth noting that the infrastructure, liquidity and depth of the options market have significantly matured by 2023, with open contracts currently on par with futures markets.
 
 
 
 
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