IBIT Declines 1.32% to $59.99 as Options Market Sentiment Turns Slightly Bearish on BlackRock’s Spot Bitcoin ETF
IBIT closed Thursday down 1.32% at $59.99, reflecting a subtle shift in market sentiment tied to BlackRock’s spot Bitcoin ETF options. Earlier in the day, optimism gave way to caution, ending with a mildly bearish tone.
According to Market Chameleon, the one-year put-call skew edged up to 0.2%, signaling that put options—typically used for downside protection—were trading at a slight premium over bullish calls. This indicates investors are increasingly seeking protection amid uncertainty.
Despite the price dip, IBIT posted a net inflow of $125 million, the smallest since May 13, based on SoSoValue data. The slowdown in inflows aligns with the cautious mood spreading through the market.
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