Bitcoin Options Traders Hedge as Uncertainty Persists, Anchorage Says
Bitcoin options markets are signaling caution rather than panic, according to new research from Anchorage Digital. In its latest Prime Signal report, the firm’s head of research, David Lawant, finds that traders across both crypto-native venues and traditional investment wrappers...
➤ Bitcoin options markets are showing caution, with traders paying a premium for downside protection, particularly in the short term, according to Anchorage Digital. ➤ Elevated put skew and a volatility inversion (one-week implied volatility higher than one-month) suggest a focus on near-term risks rather than long-term directional views. ➤ While Strategy (MSTR) equity has seen weakness, its options market is not pricing in a severe crisis, indicating risk management rather than panic.
