Matrixport released today's chart saying that compared with the bull market in 2020/2021, the current actual volatility of Bitcoin is relatively low. This may be due to the rise of high-volatility alternative assets (such as Meme coins), or institutional investors gradually replacing more volatile retail traders and becoming the dominant force in the market.
At present, Bitcoin spot ETF options are officially launched, providing a new window for observing market dynamics. Against the backdrop of the current medium level of Bitcoin's 30-day actual volatility, traders may push up implied volatility by buying call options, or profit from attractive volatility premiums by selling options.
The addition of an active options market is another important milestone in Bitcoin's move towards financialization, which is expected to increase market liquidity and attract more professional investors to participate.