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BlackRock's BIT put options premium exceeds call options, as market sentiment shifts to defense.

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The options market for BlackRock’s spot bitcoin exchange-traded fund, iShares Bitcoin Trust (IBIT), shows investors’ concerns about downside risks. As of Thursday’s close, IBIT’s one-year put-call skew turned positive at 0.2%, suggesting that put options are trading at a slightly higher premium than calls, reflecting a shift in sentiment from a previous neutral bias to a mild bearish one. On the day, IBIT shares fell 1.32% to close at $59.99, but still recorded a net inflow of $125 million, the lowest one-day inflow since May 13. (CoinDesk)

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