$90K Bitcoin Target: Options Traders Ignore $4.5B ETF Outflow Red Flags

Despite bullish price targets, Bitcoin options traders are ignoring the growing disconnect between ETF outflows and underlying market sentiment, setting a potential trap for unwary bulls.
- Despite $4.5 billion in year-to-date outflows from US Bitcoin ETFs, options traders are building positions targeting a potential rebound toward $90,000.
- One-month Bitcoin puts traded at a 7% premium to calls on Deribit, signaling defensive positioning by some traders, even amidst bullish price targets.
- Traders should be cautious and understand the complex interplay of factors, including ETF flows and options market signals, before making investment decisions, especially considering the risks associated with crypto options trading.
The $4.5B Disconnect: ETF Exodus Versus $90K Options Bets
US Bitcoin ETFs, including notable players, have witnessed approximately $4.5 billion in outflows year-to-date, a figure that raises serious questions about sustained institutional support. This exodus contradicts the bullish narrative often touted by crypto evangelists, who predicted a continuous influx of capital following the ETF approvals. This outflow is not a blip; it represents five consecutive weeks of net negative flows, suggesting a potentially more profound shift in institutional sentiment.
By NovumWorld Editorial Team
Read More








