Volatility at historic lows could be a harbinger of things to come.

Even with low price action, institutional players are increasing exposure to bitcoin derivative instruments.

Anticipation move?

The historic volatility of bitcoin ends up reaching the lowest levels of the last 3 years.

This bearish price action is driving traders away, reducing trading volume on exchanges. Which, on the other hand, is not what institutional traders seem to do.

On July 29, Open Interest on the CME Bitcoin futures market stood at $2.5 billion. This market is popular with institutional investors such as hedge funds and large trading firms.

Known stronghold of institutional.

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