{"id":29459,"date":"2025-05-30T13:02:02","date_gmt":"2025-05-30T13:02:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29459"},"modified":"2025-05-30T13:02:02","modified_gmt":"2025-05-30T13:02:02","slug":"downside-insurance-on-blackrocks-spot-bitcoin-etf-is-now-pricer-than-bullish-bets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29459","title":{"rendered":"Downside Insurance on BlackRock&#8217;s Spot Bitcoin ETF is Now Pricer Than Bullish Bets"},"content":{"rendered":"<div>\n<p>Early Thursday, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/29\/has-bitcoin-peaked-blackrock-btc-spot-etf-traders-lose-appetite-for-upside\">CoinDesk reported<\/a> bullish-to-neutral shift in sentiment in the options market tied to BlackRock&#8217;s spot bitcoin exchange-traded fund (ETF). But by the end of the day, the situation worsened further, with sentiment turning slightly bearish.<\/p>\n<p>The one-year put-call skew, which reflects how the market prices in volatility risk for put options, offering downside protection, relative to bullish call options, turned slightly positive to 0.2%, according to data source <a href=\"https:\/\/marketchameleon.com\/Overview\/IBIT\/VolatilitySkew\/\">Market Chameleon<\/a>.<\/p>\n<p>In other words, the day closed with protective put options trading at a slight premium relative to calls in a sign of renewed bearish sentiment.<\/p>\n<p>IBIT fell 1.32% to $59.99 Thursday, while registering a net inflow of $125 million, the lowest single-day tally since May 13, according to data source <a href=\"https:\/\/sosovalue.com\/bigChart\/Etf_NASDAQ_IBIT?title=iShares%20Bitcoin%20Trust(IBIT)&amp;coin=BTC&amp;page=usBTC\">SoSoValue<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Early Thursday, CoinDesk reported bullish-to-neutral shift in sentiment in the options market tied to BlackRock&#8217;s spot bitcoin exchange-traded fund (ETF). But by the end of the day, the situation worsened further, with sentiment turning slightly bearish. The one-year put-call skew, which reflects how the market prices in volatility risk for put options, offering downside protection, [&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-29459","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\/29459","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=29459"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29459\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}