"What possibly may attract tradfi [traditional market investors] at the moment, I'd presume, is liquidity provision and market making, or even the low volatility," Lunde said in a Twitter chat. "Decentralized option vaults (DOV) have contributed to lowering the implied volatilities (IV) in the options market, and contrarian volatility bets might become a more common strategy, offsetting the DOV pressure on the IV."
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Popular Bitcoin Strategy Loses Shine as US Inflation Nears 8% - CoinDesk
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