Informed Trading through the COVID-19 Pandemic: Evidence From the Bitcoin Market
| dc.contributor.author | Mavropoulos, T. | |
| dc.contributor.author | Ersan, O. | |
| dc.contributor.author | Demir, E. | |
| dc.date.accessioned | 2026-02-15T21:34:43Z | |
| dc.date.available | 2026-02-15T21:34:43Z | |
| dc.date.issued | 2026 | |
| dc.description.abstract | We investigate informed trading in the Bitcoin market throughout the COVID-19 pandemic. Compared to the pre-pandemic period, we find that informed trading is significantly higher in the affective first stage of the pandemic, before reverting to its pre-COVID-19 level during the later stage of the pandemic. Furthermore, information asymmetry tends to increase in daily COVID-19-related news: confirmed cases and deaths. Our findings are robust to alternative parameters and model specifications. The main implication for traders is that they should be extra cautious in timing their trading decisions during such events, as these tend to encourage informed trading. © 2026 by the authors. | en_US |
| dc.identifier.doi | 10.3390/jrfm19010059 | |
| dc.identifier.issn | 1911-8066 | |
| dc.identifier.scopus | 2-s2.0-105028557088 | |
| dc.identifier.uri | https://doi.org/10.3390/jrfm19010059 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12469/7753 | |
| dc.language.iso | en | en_US |
| dc.publisher | Multidisciplinary Digital Publishing Institute (MDPI) | en_US |
| dc.relation.ispartof | Journal of Risk and Financial Management | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | Bitcoin | en_US |
| dc.subject | COVID-19 Pandemic | en_US |
| dc.subject | Cryptocurrency | en_US |
| dc.subject | Information Asymmetry | en_US |
| dc.subject | Informed Trading | en_US |
| dc.title | Informed Trading through the COVID-19 Pandemic: Evidence From the Bitcoin Market | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
| gdc.author.scopusid | 58543889100 | |
| gdc.author.scopusid | 57189005583 | |
| gdc.author.scopusid | 57222086051 | |
| gdc.collaboration.industrial | true | |
| gdc.description.department | Kadir Has University | en_US |
| gdc.description.departmenttemp | [Mavropoulos] Timotheos,; [Ersan] Oguz, Faculty of Economics, Kadir Has Üniversitesi, Istanbul, Turkey; [Demir] Ender, Department of Business and Economics, Reykjavík University, Reykjavik, Iceland, Korea University Business School, Seoul, South Korea | en_US |
| gdc.description.issue | 1 | en_US |
| gdc.description.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| gdc.description.scopusquality | Q2 | |
| gdc.description.volume | 19 | en_US |
| gdc.description.wosquality | N/A | |
| gdc.identifier.openalex | W7122602037 | |
| gdc.index.type | Scopus | |
| gdc.openalex.collaboration | International | |
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| gdc.scopus.citedcount | 0 | |
| gdc.virtual.author | Ersan, Oğuz | |
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