Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Institutions position for Bitcoin price surge ahead of US election

Institutions position for Bitcoin price surge ahead of US election

GrafaGrafa2024/10/31 10:00
By:Mahathir Bayena

Institutional investors are gearing up for potential Bitcoin (CRYPTO:BTC) volatility as the US election approaches, reflected by increased call option activity on CME Bitcoin futures. 

Joshua Lim, co-founder of Arbelos Markets, observed a significant rise in call option purchases recently. 

“We’re seeing a huge uptick in CME call buying into the election, including some of the largest ever prints on the exchange,” Lim shared. 

Over the past week, $350 million in notional value of November call options were traded, with a breakeven price of nearly $80,000 at November’s end. 

Lim described the sentiment as “very bullish positioning into the election” and emphasized, “It seems clear that funds dedicated to crypto strategies continue to grow as the asset class matures.” 

Sidney Powell, co-founder of Maple Finance, also noted an increase in borrowing activity in institutional crypto lending markets, driven by expectations of election-related market movements. 

“We’re seeing more inbound requests for borrowing from some of the larger institutions,” Powell said. 

“Demand for larger-ticket loans and borrowing against open trade credit has increased significantly.” 

He explained that these institutional players, such as prime brokerage firms and over-the-counter desks, are likely preparing to provide margins to clients or leverage their positions in anticipation of a potential bull market. 

Powell added, “These players are anticipating there might be some volatility to the upside and a run-up in asset prices.” 

The recent activity in CME Bitcoin options, a preferred venue for institutional investors, has seen some of its largest trading days, indicating a growing confidence in the asset class. 

With institutional investors positioning themselves ahead of the election, market observers are closely watching for Bitcoin price swings as the outcome could shape the crypto market's near-term trajectory.

At the time of reporting, the Bitcoin price was $72,267.71.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04