VanEck Bitcoin Options Signal Extreme Fear as Downside Protection Premium Hits Record High

VanEck’s latest analysis reveals Bitcoin traders are paying record premiums for downside protection, signaling extreme market fear. Put option premiums hit an all-time high of four basis points relative to spot volume, surpassing levels seen during the 2022 stablecoin collapses. Historical data suggests such fear often precedes significant price recovery within the coming year.