Deribit’s July 31 options board shows more than 20,000 Bitcoin call contracts open at both the $70,000 and $72,000 strikes. The two strikes represent the largest call concentrations for that expiry, with roughly 27,000 contracts at $70,000 and 21,000 at $72,000, according to the exchange’s data as of press time. Bitcoin sits near $64,289, placing…
Grayscale wants to turn staking rewards from its Ethereum and Solana funds into cash payouts at least once a quarter, starting around Aug. 7. That would give investors a straightforward way to compare what each fund actually delivers. In July 17 SEC filings for the Grayscale Ethereum Staking ETF and Grayscale Solana Staking ETF, the…
Bitcoin’s first recovery test sits near $69,000. Its lower on-chain stress boundary sits much farther down, near $52,900. CryptoSlate’s Bitcoin market data shows BTC at $64,672. Reaching the recent-buyer cost basis near $69,000 requires a gain of about 6.69%, while a decline to Glassnode’s displayed realized price of $52,891.91 would represent an 18.22% decline. Those…
The SEC has approved a NYSE Arca rule change that raises position and exercise limits for options on BlackRock’s iShares Bitcoin Trust, giving institutional traders more room to hedge and express larger views around the spot Bitcoin ETF market. The change increases limits for IBIT options from 250,000 contracts to 1,000,000 contracts, according to the…