Ether options implies increased price volatility ahead of May's ETF decision deadlines, analyst says
Ether options implied volatility for May’s end-of-month expiry shows investors anticipate significant price swings amid growing doubt regarding the approval of a spot ether ETF, an analyst said.
May 23 marks the 240-day window for the U.S. Securities and Exchange Commission to decide on a spot ether ETF proposal from VanEck. Following that, a decision on the ARK/21Shares filing is due by May 24 and a decision on Hashdex's proposal is expected by May 30.
In January, Bloomberg Intelligence analyst James Seyffart set the chances of a May approval at 60%, then dropped his expectations to 35%, but finally decided that the applications would ultimately be denied.
According to YouHodler Chief of markets Ruslan Lienkha Lienkha, this growing doubt is playing out in derivatives markets.
"Ether options expiring at the end of May show us a significant volatility increase in the zone of the $3,600 strike price, so the possible surpassing of this price level by the spot market would be accompanied by elevated volatility. At the same time, the implied volatility curve could be adjusted by new facts or SEC rhetoric during the following month," Lienkha told The Block.
May expiry options not valued over those for April
Ether increased by a muted 0.36% in the past 24 hours and was changing hands for $3,532 at 7:59 a.m. ET, according to The Block's Price Page .
The GM 30 Index , representing a selection of the top 30 cryptocurrencies, has increased by 0.19% to 148.05 in the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Dark Side of Altcoins
Why is it said that almost all altcoins will go to zero, with only a few exceptions?
On the night of the Federal Reserve rate cut, the real game is Trump’s “monetary power grab”
The article discusses the upcoming Federal Reserve interest rate cut decision and its impact on the market, with a focus on the Fed’s potential relaunch of liquidity injection programs. It also analyzes the Trump administration’s restructuring of the Federal Reserve’s powers and how these changes affect the crypto market, ETF capital flows, and institutional investor behavior. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.
When the Federal Reserve is politically hijacked, is the next bitcoin bull market coming?
The Federal Reserve announced a 25 basis point rate cut and the purchase of $40 billion in Treasury securities, resulting in an unusual market reaction as long-term Treasury yields rose. Investors are concerned about the loss of the Federal Reserve's independence, believing the rate cut is a result of political intervention. This situation has triggered doubts about the credit foundation of the US dollar, and crypto assets such as bitcoin and ethereum are being viewed as tools to hedge against sovereign credit risk. Summary generated by Mars AI. The accuracy and completeness of this summary are still in the process of iterative updates.
x402 V2 Released: As AI Agents Begin to Have "Credit Cards", Which Projects Will Be Revalued?
Still waters run deep, subtly reviving the narrative thread of 402.
Trending news
MoreCrypto prices
More
