Ether Volatility Surge Predicted by Late May as Options Traders Position for Uncertainty

IconCryptoNewsTerminal Staff20 May, 2024

cryptonews.jpg

Ether Volatility Surge Predicted by Late May as Options Traders Position for Uncertainty

Kaiko Research analysts have observed a notable rise in Ethereum options trading, suggesting a potential surge in volatility by the end of May. Traders are purchasing both call and put options, indicating a mixture of bullish and bearish bets. The report attributes this activity to the looming regulatory decision on a spot ether ETF, which has caused market uncertainty.