Greeks.live announced on X that the ETH ETF will be launched next Tuesday. Driven by this good news, ETH rose 8%, driving the entire cryptocurrency market to rise sharply. The sharp rise in cryptocurrency prices has also led to a simultaneous increase in the implied volatility of all options. The increase in the implied volatility of BTC even exceeded that of ETH, but the two are still at a relatively low level. We have mentioned several times in our tweets this month that the favorable ETH will drive the market up, and the low IV market is perfect for buyers, while now the option IV is still low, and buyers can still get better value for money. Today, multiple call options rose by more than 1,000% each day, and the main trading throughout the day was also dominated by active call buying, accounting for more than half of the trading volume.