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Bitcoin options election premium falls sharply ahead of the midterms with little link to Kalshi Senate odds, DigitalToday reports
- Bitcoin options election premium falls sharply ahead of the midterms with little link to Kalshi Senate odds, DigitalToday reports — Block Scholes analysis cited by DigitalToday put the bitcoin options election premium at 2.8 percentage points for the 7 to 14 day window, down from 14.4 points eight days before the 2024 election. The analysis found an average correlation of minus 0.02 between daily bitcoin returns and changes in the Kalshi probability of Democrats taking the Senate through October 26. (DigitalToday)
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