Stock Options Trading Back at 2021 Levels: Will Bitcoin Repeat That Year's Doubling?
- —Stock options trade about $700 billion a day in underlying share value, near 2021 levels
- —Bitcoin rose from about $29,000 to a record near $65,000 in 2021
- —U.S. spot Bitcoin ETFs logged $65.40 million in net outflows on October 12, all from BlackRock's IBIT
- —Ethereum spot ETFs lost $85.39 million, extending outflows to 10 straight days
Why it matters: If October's retail flows reach crypto funds, Bitcoin could repeat its 2021 run; for now ETFs keep bleeding.
Source: BeInCrypto