Bitcoin ETF and Treasury companies heavily buying $60,000 protective put options

By: rootdata|2026/02/27 21:43:30
0
Share
copy

According to market news, large Bitcoin ETF holders and treasury companies have recently concentrated their purchases of BTC put options with a strike price of $60,000 and below, with maturities of 6 months and 1 year on Deribit, as a hedge against a price drop below $60,000.

Deribit stated that the open interest for BTC put options with a strike price of $60,000 has risen to approximately $1.5 billion, the highest among all strike prices and maturities on the platform, indicating a significant increase in demand for medium to long-term downside hedging. Currently, Bitcoin spot is fluctuating around $67,000, but the implied volatility of 30-day put options is about 7% higher than that of call options, indicating that the options market still favors downside protection.

You may also like

Popular coins

Latest Crypto News

Read more