Bitcoin Options Open Interest Surpasses Futures at $65 Billion
Derivatives data shows options open interest overtaking futures by $5 billion, with BlackRock’s iShares Bitcoin Trust holding 52% market share as institutions adjust their risk management strategies.
BTC
Summary
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Terms & Concepts
Open Interest: The total number of outstanding derivative contracts, such as futures or options, that have not been settled.
Bitcoin Options: Contracts that give holders the right but not the obligation to buy or sell Bitcoin at a specific price before a certain date.
Derivatives: Financial instruments whose value is derived from underlying assets like cryptocurrencies, stocks, or commodities.