Bitcoin (BTC) Merchants Make 0K Worth Bets Via CME Choices: CF Benchmarks

Bitcoin (BTC) Merchants Make $100K Worth Bets Via CME Choices: CF Benchmarks

by Jeremy

“Merchants seem like snapping up bitcoin name choices on the $100k strike worth. Per CF Benchmarks’ knowledge, the 30-day fixed maturity 25 delta skew has now breached the 5 vol threshold, a close to YTD excessive, which suggests that there’s a lot higher demand for upside publicity,” Thomas Erdösi, head of product at CF Benchmarks, informed CoinDesk in an e-mail.

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