{"id":52203,"date":"2026-09-30T13:18:16","date_gmt":"2026-09-30T13:18:16","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=52203"},"modified":"2026-09-30T13:18:16","modified_gmt":"2026-09-30T13:18:16","slug":"david-lawant-bitcoin-entering-new-bullish-regime-according-to-options-market","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=52203","title":{"rendered":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nDavid Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market<\/a><\/p>\n

<\/div>\n

Bitcoin futures open interest is back above $50 billion for the first time this year. Is that healthy leverage or a warning sign? David Lawant, head of research at Anchorage Digital, says it\u2019s a sign of vitality, and explains why rising spot volume and thinning order books point to the early stages of a Bitcoin market upturn.<\/p>\n

Chapters:
0:00 Bitcoin Futures Open Interest Tops $50B \u2013 Healthy or a Warning Sign?
1:26 Reading Bitcoin\u2019s Market Structure Beyond Open Interest
3:23 Rising Spot Volume, Thinning Order Books, and the Anthropic IPO
4:15 The Liquidity Absorption Ratio Explained
6:52 How to Spot a Bitcoin Market Regime Change
7:36 The $60B Bitcoin Options Market and the Volatility Curve
8:57 Why Short-Dated Bitcoin Volatility Stayed Elevated in 2026
10:09 What Bitcoin Options Tell You That Price Can\u2019t
11:28 Lessons From Anchorage\u2019s 37,000 Covered Call Backtests
13:29 How ETFs and Treasury Companies Are Changing Price Discovery<\/p>\n

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.<\/p>\n

This post David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market Bitcoin futures open interest is back above $50 billion for the first time this year. Is that healthy leverage or a warning sign? David Lawant, head of research at Anchorage Digital, says it\u2019s a sign of vitality, and explains why rising spot […]<\/p>\n","protected":false},"author":1,"featured_media":52204,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-52203","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"\nDavid Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=52203\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market Bitcoin futures open interest is back above $50 billion for the first time this year. Is that healthy leverage or a warning sign? David Lawant, head of research at Anchorage Digital, says it\u2019s a sign of vitality, and explains why rising spot […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=52203\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-30T13:18:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/09\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-.jpg\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market\",\"datePublished\":\"2026-09-30T13:18:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203\"},\"wordCount\":277,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203\",\"name\":\"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg\",\"datePublished\":\"2026-09-30T13:18:16+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=52203\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52203#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=52203","og_locale":"en_US","og_type":"article","og_title":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag","og_description":"Bitcoin Magazine David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market Bitcoin futures open interest is back above $50 billion for the first time this year. Is that healthy leverage or a warning sign? David Lawant, head of research at Anchorage Digital, says it\u2019s a sign of vitality, and explains why rising spot […]","og_url":"https:\/\/cryptomag.finance\/?p=52203","og_site_name":"Cryptomag","article_published_time":"2026-09-30T13:18:16+00:00","og_image":[{"url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/09\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-.jpg","type":"","width":"","height":""}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=52203#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=52203"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market","datePublished":"2026-09-30T13:18:16+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=52203"},"wordCount":277,"image":{"@id":"https:\/\/cryptomag.finance\/?p=52203#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg","articleSection":["Bitcoin"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=52203","url":"https:\/\/cryptomag.finance\/?p=52203","name":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=52203#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=52203#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg","datePublished":"2026-09-30T13:18:16+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=52203#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=52203"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=52203#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/David-Lawant-Bitcoin-Entering-New-22Bullish-Regime22-According-to-Options-Market-VQTBDn.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=52203#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"David Lawant: Bitcoin Entering New \u201cBullish Regime\u201d According to Options Market"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/52203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52203"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/52203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/52204"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}