Glassnode Launches IBIT Options Coverage, Bringing Institutional-Grade Volatility Intelligence to the Largest US Spot Bitcoin ETF

Glassnode has expanded its analytics suite to cover options on BlackRock's IBIT — the largest US spot Bitcoin ETF — giving institutional traders their first dedicated window into how professional money is pricing risk and positioning around the product.

The launch adds 40+ new metrics spanning open interest, volume, at-the-money implied volatility, proprietary skew measures, and IV heatmaps across tenors. Together they let analysts compare TradFi and crypto-native positioning side by side, and monitor hedging flows around macro events and drawdowns in near real time.

IBIT options volume has grown steadily since the contracts launched, and the derivatives layer is increasingly where institutional sentiment gets expressed before it shows up in spot flows. Glassnode's coverage formalises that signal into a structured, queryable dataset — a meaningful upgrade for any desk running a…