Glassnode: The Bitcoin index reflects a strong demand for put options in the market, indicating active hedging activities by institutions.

BlockBeats news, on September 8, Glassnode posted on social media that the Bitcoin 25Delta skew index (January expiration) continues to rise to an all-time high, reflecting strong demand for put options. This is not purely a bearish signal from the market, but often indicates active institutional hedging activities. With the rise of Bitcoin ETFs and digital asset trusts (DATs), institutions are getting on board in large numbers—managing downside risk through put options while gaining risk exposure.

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