Analysis: The demand for Bitcoin call options has approached $118,000

【Analysis: The demand for Bitcoin call options has approached $118,000】According to Golden Finance reports, data from SoSoValue shows that net inflows into the U.S. spot Bitcoin ETF were approximately $281 million on Thursday, led by BlackRock's IBIT. Previously, after four consecutive days of capital outflows, there was a rebound in funds on Wednesday. Timothy Misir, head of BRN research, stated: "ETF inflows are temporarily rebounding, providing a structural pillar amid short-term volatility easing." The policy background has also become clearer. President Trump signed an executive order directing the Department of Labor and the U.S. Securities and Exchange Commission to pave the way for digital assets in 401(k) retirement plans. He also separately signed an order aimed at curbing the 'unfair debanking' of cryptocurrency-friendly companies, which may expand mainstream market access to regulated cryptocurrency products. Meanwhile, the U.S. Securities and Exchange Commission and Ripple agreed to drop their respective appeals, ending the legal dispute and preserving the previous court ruling that distinguishes certain institutional sales from programmatic sales. This negotiation will eliminate long-standing unresolved issues regarding Ripple and U.S. cryptocurrency policy on a larger scale. Misir pointed out that downside hedging still exists, but the demand for Bitcoin call options has been rebuilt to nearly $118,000, while the demand for Ethereum call options has reached $4,000.