BitcoinâEUR(TM)s $40,000 put becomes second-largest options bet ahead of February expiry next week
Heavy positioning at lower strikes signals rising demand for downside protection for bitcoin.
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BTC
ETH
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USDC
SOL
TRX
FIGR_HELOC
DOGE
WBT
USDS
LEO
HYPE
ADA
BTC
ETH
USDT
XRP
USDC
SOL
TRX
FIGR_HELOC
DOGE
WBT
USDS
LEO
HYPE
ADA
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USDT
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USDC
SOL
TRX
FIGR_HELOC
DOGE
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L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) fourth-quarter 2025 investor letter. A copy of the lette...
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Heavy positioning at lower strikes signals rising demand for downside protection for bitcoin.
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The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
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