Literally No One Is Trading Bakkt’s Bitcoin Options
Trading volumes in bitcoin options listed on the Intercontinental Exchange's Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.
Regulation-friendly infrastructure makes 2020's bitcoin market stand out from the Wild West of 2017.
Bitcoin is unlikely to get bid up after the May 2020 mining reward halving, based on the way the cryptocurrency’s options are valued.
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.
Ether will face more volatility than bitcoin over the next six months, according to how options have been priced in recent weeks.
Richard Rosenblum, co-founder of GSR, points out the lackluster growth in listed options hides the real action taking place in OTC hedges.