skew

Professional data analytics platform for cryptocurrency markets. Not financial advice.

[skew @skewdotcom]

We are moving! Starting today we will be sending all our observations from @CoinbaseInsto.

Make sure to follow us there for the latest crypto market color leveraging skew data. This is not investment advice.

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin futures basis finding support at 10% annualised

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin realized volatility slowly drifting back towards a one-year low

[Coinbase Institutional 🛡️ @CoinbaseInsto]

$5k is the largest open interest strike for ETH options across expiries, followed by $10k and $15k

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin starting the week by retesting all-time-high

[Coinbase Institutional 🛡️ @CoinbaseInsto]

Solana reached a new all-time-high this week at $250

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin futures basis normalises as leveraged funds increase net short positions via cash & carry strategies

[Coinbase Institutional 🛡️ @CoinbaseInsto]

ETH long-dated implied volatility is well supported as investors position for ETH2 launch catalyst next year. The Mar22 15k calls are already open in 50k+ ether options, >$750mln notional.

[Coinbase Institutional 🛡️ @CoinbaseInsto]

$ETH is on track for 8 consecutive positive quarters, +47% this Q4

[Coinbase Institutional 🛡️ @CoinbaseInsto]

Options-based probability of $ETH > $10k by year-end = 3.4% and by June 2022 = 10.6%

[Coinbase Institutional 🛡️ @CoinbaseInsto]

ETH back > $4k today continuing to hover around all-time-high

[Coinbase Institutional 🛡️ @CoinbaseInsto]

ETH / BTC implied volatility spread is increasing sharply post #bitcoin ETF launch indicating options market is shifting focus towards new catalysts (ETH2)

[Coinbase Institutional 🛡️ @CoinbaseInsto]

Leveraged funds are opening new shorts of CME #bitcoin futures taking advantage of the widening basis

[Coinbase Institutional 🛡️ @CoinbaseInsto]

CME #bitcoin futures open interest is reaching a new all-time-high in $ notional following ETF launch yesterday

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin options implied volatility increased over the last month, in particular on the short-term part of the curve

[Coinbase Institutional 🛡️ @CoinbaseInsto]

ETH up 7% today also approaching its all-time-high rapidly, both ETH and #BTC are ~10% off ATH

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin options market seems cautiously positioned ahead of ETF catalysts with skew rallying back to positive territory

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin futures open interest have been surging since the start of the month

[Coinbase Institutional 🛡️ @CoinbaseInsto]

Options-based probability of #bitcoin ending the month at a new all-time-high (>$65k) = 20.4%

[Coinbase Institutional 🛡️ @CoinbaseInsto]

USDC total market cap is up close to 10x year-to-date, > $30bln

[Coinbase Institutional 🛡️ @CoinbaseInsto]

#bitcoin has been leading the recent rally as market shifts its focus to regulatory reviews of bitcoin ETF applications due later this month