Traders bought short-term put options for BTC, ETH, and SOL, possibly due to Trump's cryptocurrency strategic reserve plan falling short of expectations

ChainCatcher News: U.S. President Donald Trump signed an executive order on Thursday to establish a digital asset reserve, retaining Bitcoin (BTC) and altcoins seized in law enforcement actions without making new purchases. The lack of new purchases means that, for the time being, the so-called reserve is merely a strategic reserve and will not inject any buying pressure into the market. Deribit data shows that traders are feeling disappointed and have started to chase short-term put options on BTC, ETH, and SOL.