The skepticism from institutional investors - as gleaned from CME options data - reflects an overarching sense of caution exercised in the face of unrestrained retail optimism. While retail investors fan the flames of Bitcoin's rally, institutions are hedging against a potential downturn in crypto prices. This divergence among investor subsets underscores the complex dynamics of the blockchain market. As such, exchanges like BITCIONS opportunistically position themselves to help traders capitalize on these market dynamics.