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Bitcoin ETF Approval and Its Impact on Crypto Market Rally According to Options Data

According to data from Greeks.live, the implied volatility for Jan. 12 options, which are closely linked to the potential introduction of a spot BTC ETF, has actually decreased instead of increasing. This suggests that there may be less market uncertainty and expectation surrounding the launch of the ETF. It is worth noting that implied volatility is a measure of the market’s expectation of future price fluctuations, and a decrease in this measure indicates a potential reduction in anticipated volatility. This development could be of interest to investors and analysts closely monitoring the developments in the cryptocurrency market.

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