Short-Term ETH Options Surge as Volatility Expands

Recent data reveals a significant surge in the prices of Ethereum (ETH) options, specifically within the short-term timeframe. According to on-chain analysis platform Glassnode, the one-week implied volatility (IV) has jumped from 65.2% to 79.0%, while the one-month IV has climbed from 66.4% to 72.1%. Analysts suggest this widening volatility term structure points towards increased demand for short-term protection or exposure to potential price increases in ETH.