Greeks_live

SEC will not complete its ETF review this week

Short
BITSTAMP:BTCUSD   Bitcoin
Weekly delivery ended smoothly and multiple sources are now suggesting that the SEC will not complete its ETF review this week, which is actually in line with the prevailing speculation from a couple weeks ago.
The fallout from the review has caused major short-term options IV to fall, with options IV for the 12Jan currently down below 75%, and the block trading has been lukewarm since the plunge a few days ago.
Most investors are beginning to question whether the results will be released next week, and a delay in the review until March is becoming more likely.

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