"Bitcoin Market Stabilized in 2025 Due to the Influence of Institutional Investors"

Decreasing Volatility in the Bitcoin Market in 2025

As of 2025, the volatility in the Bitcoin market has significantly decreased. This change is primarily due to institutional investors using derivative products to generate returns from their idle assets.

The annualized 30-day implied volatility for Bitcoin has decreased from 70% to 45%, indicating a substantial decline. The preference of institutional investors for the covered call strategy supports this situation.

These preferences have led to a continuous premium for put options (bear options) compared to call options (bull options), driven by increased demand for protective strategies against bear markets.