ChainCatcher news, the Deribit platform will see over 2.85 billion USD in crypto options expire tomorrow at 16:00 Beijing time.Among them, the nominal value of Bitcoin (BTC) options is 2.54 billion USD, with a Put/Call ratio of 0.95 and a maximum pain price of 90,000 USD. The nominal value of Ethereum (ETH) options is 316 million USD, with a Put/Call ratio of 0.88 and a maximum pain price of 1,800 USD.

ChainCatcher news, QCP Capital analysis pointed out that President Trump suspended his criticism of Federal Reserve Chairman Powell this week and promised to significantly reduce the high tariffs on Chinese goods by 145%, leading to a warming market sentiment. Bitcoin responded by rising, reaching as high as $94,500 during the day, marking its fifth consecutive day of gains, and briefly surpassing Google's parent company Alphabet to become the fifth largest asset in the world.Institutions continue to increase their positions, further solidifying Bitcoin's market capitalization status. The $95,000 call options are actively traded, indicating that the market is betting on further upward movement. Current market sentiment is overheated, and in the short term, it may fluctuate in the range of $90,000 to $94,500, waiting for a catalytic event to break through $100,000.

ChainCatcher news, according to LinChen, the head of Deribit Asia-Pacific, the Bitcoin (BTC) and Ethereum (ETH) April options expiration will take place this Friday (April 25) at 4 PM. At that time, BTC will have $7.2 billion in positions expiring, with a current put/call ratio of 0.73, and the maximum pain point at $85,000, while the current price is $92,735, indicating a significant victory for call option buyers.Meanwhile, ETH will have $800 million in positions expiring, with the current put/call ratio also at 0.73, the maximum pain point at $1,900, while the current price is $1,769, showing a slight victory for put option buyers.

ChainCatcher news, according to official news from Deribit, tomorrow at 16:00 Beijing time, there will be over 2.25 billion USD in crypto options expiring on the Deribit platform. Among them, the nominal value of Bitcoin options is 1.98 billion USD, with a put/call ratio of 0.92 and a maximum pain price of 82,000 USD. The nominal value of Ethereum options is 271 million USD, with a put/call ratio of 0.88 and a maximum pain price of 1,600 USD.

ChainCatcher news, Trump announced on social media at 1:18 PM Eastern Time on Wednesday that he would suspend tariffs on certain countries, causing the S&P 500 index to surge by 9.5%.Market data shows that prior to this, trading activity in certain options contracts had skyrocketed. For example, according to Trade Alert data, when the price of the S&P 500 ETF (SPY) was around $501.50, approximately 5,105 SPY call options (bets that the stock price would rise above $502) were traded around 1:00 PM Eastern Time at an average price of $4.20. In the afternoon, as the stock market surged, the price of these call options peaked at around $42. On paper, if all 5,105 call options were held, their value would increase from approximately $2.14 million to about $21.44 million.

ChainCatcher news, according to market news, the U.S. Securities and Exchange Commission has now approved options trading for spot Ethereum ETFs.

ChainCatcher news, according to data from Greeks.live, 26,000 BTC options and 220,000 ETH options are set to expire, with maximum pain points at $84,000 and $1,850, respectively. Implied volatility has risen significantly, with BTC term volatility exceeding 50% and ETH maintaining around 65%. Market sentiment is bleak, the probability of a black swan event has increased, and the proportion of bearish options trading and open interest continues to grow.

ChainCatcher news, Bitwise announced on platform X the launch of three ETFs tracking the options income strategies of Strategy, Coinbase, and MARA, namely: Bitwise MSTR Options Income Strategy ETF (IMST), Bitwise COIN Options Income Strategy ETF (ICOI), and Bitwise MARA Options Income Strategy ETF (IMRA).It is reported that ICOI, IMRA, and IMST are distributed by Foreside Fund Services, LLC, which has no affiliation with Bitwise or any of its affiliates.

ChainCatcher news, HashKey Capital today announced that its actively managed funds and separate account services under HashKey Capital Limited have officially been approved to access global leading virtual asset trading platforms including Binance FZE, Gemini, and Coinbase.As a licensed institution by the Hong Kong Securities and Futures Commission (SFC) (Type 1, 4, and 9 licenses), HashKey Capital was granted the qualification for full discretionary account management of virtual assets in December 2024. Following this approval, the investment scope of HashKey Capital's flagship actively managed fund, HashKey Digital Investment Fund SP, has officially expanded from "TOP 50 digital assets" to "TOP 100 digital assets," and a new cash management strategy module has been added to optimize liquidity management capabilities.Effective immediately, HashKey Digital Investment Fund SP can achieve flexible allocation of virtual assets and full discretionary account services through Binance FZE, Gemini, Coinbase, and HashKey Exchange.

ChainCatcher news, Deribit officially announced that approximately $2.5 billion in crypto options will expire tomorrow (April 4th, 16:00 Beijing time). Among them, the notional value of Bitcoin (BTC) options is about $2.16 billion, with a Put/Call ratio of 1.27 and a maximum pain price of $85,000; the notional value of Ethereum (ETH) options is about $371 million, with a Put/Call ratio of 1.31 and a maximum pain price of $1,850.Although market volatility this week is relatively calm compared to last week's quarterly expiration, position adjustments remain crucial.

ChainCatcher news, according to GlobeNewswire, officially announced that Grayscale Investments has launched the Grayscale Bitcoin Covered Call ETF (Ticker: BTCC) and the Grayscale Bitcoin Premium Yield ETF (Ticker: BPI).It is reported that these two funds are among the first exchange-traded funds (ETFs) under Grayscale to adopt a covered call strategy, aiming to create differentiated sources of returns for investors through the volatility characteristics of Bitcoin.BTCC primarily seeks stable returns while participating in price fluctuations through Bitcoin-related options. The fund earns premiums by selling call options close to the current price and distributes dividends to investors monthly. This strategy is suitable for investors looking for stable cash flow while profiting from Bitcoin's volatility. The premium income can also provide a certain buffer during market downturns.BPI aims to generate income while retaining upside potential in Bitcoin by selling deep out-of-the-money call options. Investors can receive part of the option income while benefiting from potential price increases in Bitcoin. Both funds employ an active options strategy and distribute dividends monthly.

ChainCatcher news, Greeks.live macro analyst Adam posted that today's largest options block trade was the purchase of BTC put options expiring on April 25, 2025, with a strike price of $60,000, totaling over 1,000 BTC, with a nominal value of nearly $100 million. This deep out-of-the-money position serves as a low-cost extreme risk hedge or high-leverage speculation, requiring a drop of over 30% from the current situation to be profitable.Currently, the main block trades are still focused on establishing and adjusting positions. This month, institutions have significantly strengthened their layout for put options, indicating that large players are pessimistic about this month's market, and the number of deep out-of-the-money protective positions has noticeably increased.

ChainCatcher news, according to CoinDesk, a large Bitcoin options trade recently occurred on the Deribit exchange, where a trader paid over $1 million to purchase 1,180 put options with a strike price of $70,000, expiring on April 25.