{"id":25978,"date":"2025-05-09T10:31:53","date_gmt":"2025-05-09T10:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25978"},"modified":"2025-05-09T10:31:53","modified_gmt":"2025-05-09T10:31:53","slug":"bitcoin-sees-surge-in-institutional-confidence-deribit-listed-btc-options-market-reveals","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25978","title":{"rendered":"Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals"},"content":{"rendered":"<div>\n<p>Bitcoin&#8217;s (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit&#8217;s BTC options market.<\/p>\n<p>&#8220;Panning out over just the last week shows a much bigger sign of institutional positioning on BTC,&#8221; Deribit said on X Friday, noting the bullish flows in the BTC options.<\/p>\n<p>The exchange has seen robust buying of call options at the $110,000 strike expiring in June and July and calendar spreads involving a long position in the $140,000 strike call expiring at the end of September and a short position in the $170,000 strike call expiring at the end of the year.<\/p>\n<p>The demand for the $110,000 strike call indicates expectations for a continued price rise in the coming weeks, with potential for an extended rise to at least $140,000.<\/p>\n<p>A call option gives the purchaser the right but not the obligation to buy the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market.<\/p>\n<p>The exchange added that the bullish flows also included a roll over of long positions in May expiry to July expiries at strikes ranging from $110,000 to $115,000.<\/p>\n<p>CoinDesk data show BTC topped $104,000 Thursday, marking a near 40% recovery from the early April lows under $75,000, amid optimism from the U.S.-U.K. trade deal and consistent inflows into the spot ETFs. Technical charts point to more gains ahead.<\/p>\n<p>Ether, the native token of Ethereum&#8217;s blockchain, has risen over 30% to $2,411 in two days, marking a bullish breakout on technical charts. The development has triggered interest in bullish ETH plays on Deribit, with traders snapping up the June expiry calls at $2,400 and longer duration call spreads betting on gains up to $2,600-$2,800.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit&#8217;s BTC options market. &#8220;Panning out over just the last week shows a much bigger sign of institutional positioning on BTC,&#8221; Deribit said on X Friday, noting the bullish flows in the BTC options. The exchange has seen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25978","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25978"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25978\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}