In the world of crypto, Ether seems to be following in Bitcoin’s footsteps, at least when it comes to pre-ETF options trading trends. According to a recent article on CoinDesk, the options market for Ether is showing a similar pattern to Bitcoin, with investors flocking to buy call options, betting on a price increase.
However, there is one key difference between the two trends. While both Ether and Bitcoin options trading volumes have been growing steadily, Ether’s implied volatility has been consistently higher than Bitcoin’s. Implied volatility is a measure of the market’s expectation of how much an asset’s price will fluctuate.
The elevated implied volatility for Ether options suggests that investors are more uncertain about the future price of Ether compared to Bitcoin. This could be due to the upcoming Ethereum ETF, which is expected to be launched soon and has generated a lot of buzz in the crypto community.
Overall, the article highlights the similarities and differences between the options trading trends for Ether and Bitcoin, pointing out that while both assets are experiencing increased trading volumes, Ether’s higher implied volatility indicates a greater level of uncertainty among investors.
