Bitcoin 1-week options skew collapses from ~10% to under 1% ahead of FOMC
- —One-week BTC options skew dropped from ~10% to under 1% in a week
- —Put bias persists at 1-, 3- and 6-month expiries
- —Futures volume rose 7.5% to $163.2B while open interest grew just 1.3%
- —US spot bitcoin ETFs drew $176M on Oct. 27, a second straight day of inflows
Why it matters: The collapse in short-dated skew signals fading demand for near-term downside hedges before the FOMC, though longer tenors remain cautious.
Source: TokenPost