Income ETFs could be bitcoin’s volatility kill switch

What you need to know for April 15, 2026 What to know : Major banks, including Goldman Sachs and BlackRock, are seeking to launch bitcoin options-based ETFs that could generate income while damping the cryptocurrency’s price volatility. Large-scale options selling and associated dealer hedging would restrain bitcoin’s swings, extending a multiyear decline in both implied and realized volatility. Bitcoin has pulled back to about $74,000 and is struggling to break above its 100-day moving average, leaving traders watching U.S. stock indexes and macro risks as potential catalysts for a decisive move.