DUBAI, UAE, Sept. 26, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, has launched its newest Bybit X Block Scholes Choices Volatility Report. in collaboration with Block Scholes. The newest version highlights a pointy decline in realized volatility throughout main cryptocurrencies, a bearish shift in bitcoin skew, and strategic insights into choices positioning.
The report underscores a market dynamic the place realized volatility for bitcoin (BTC), ether (ETH), and solana (SOL) reached historic lows in early September, at the same time as macroeconomic headwinds and financial coverage shifts added stress to international markets. Regardless of the subdued realized exercise, implied volatility stays elevated, pointing to ongoing demand for threat safety.
Key highlights:
- Historic lows in realized volatility: BTC, ETH, and SOL all posted realized volatilities considerably beneath their 2025 averages, with BTC falling to twenty% in comparison with its annual imply of 42%.
- Persistent implied premium: Choices proceed to cost implied volatility at roughly 1.5 instances realized ranges throughout main property, a pattern that narrowed barely following the Federal Reserve’s September coverage resolution.
- Bearish bitcoin skew: Regardless of bitcoin’s all-time excessive of $124,000 in August, choices markets priced draw back safety at a premium, marking a sentiment shift from bullish to bearish. BTC skew has since remained damaging, whereas ETH skew diverged in late September towards call-side energy.
Realized Volatilities Collapse to Historic Lows
Regardless of macro-driven rallies in August and September, realized volatility for BTC, ETH, and SOL fell to historic lows. Seven-day realized volatility dropped to twenty% for BTC (vs. a 2025 common of 42%), 40% for ETH (vs. 71%), and 56% for SOL (vs. 85%). Implied volatility, nevertheless, held at roughly 1.5 instances realized ranges throughout all three property, a sample the report attributes to structural demand for optionality past short-term occasion threat.
BTC Skew Displays Bearish Sentiment Amid Inflation Shock
Bitcoin’s August 14 all-time excessive of $124,000 shortly reversed following a hotter-than-expected inflation print, driving risk-off sentiment. Choices markets reacted with BTC’s 90-day skew turning damaging for less than the third time this 12 months, reflecting robust demand for draw back safety at the moment. The bearish skew has continued by way of September, with ETH diverging — flipping bullish on out-of-the-money calls — creating the sharpest year-to-date cut up in skew and volatility between the 2 property.
The complete evaluation is on the market within the Bybit X Block Scholes Choices Volatility Report.
#Bybit / #TheCryptoArk /#BybitResearch / #BybitLearn
About Bybit
Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a world group of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating an easier, open and equal ecosystem for everybody. With a robust give attention to Web3, Bybit companions strategically with main blockchain protocols to supply strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fans to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
For extra particulars about Bybit, please go to Bybit Press
For media inquiries, please contact: [email protected]
For updates, please observe: Bybit’s Communities and Social Media
Discord | Fb | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube