Bitcoin & Ethereum Have $15B Worth of Options That Expire Today

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A development that could bring upward volatility to the assets market, both Bitcoin (BTC) and Ethereum (ETH) have $15 billion worth of options that are set to expire on Friday, March 29th. Indeed, options exchange Deribit is set to sell Bitcoin options worth $9.5 billion. Alternatively, they will also settle Ether options worth $5.7 billion.

The expiry of BTC and ETH options that take place quarterly could be set to infuse the market with bullish price movement, according to experts. Moreover, those options are officially set to expire at 08:00 UTC.

Also Read: Cryptocurrency: 3 Coins That Could Hit ATH After Bitcoin Halving

$15 Billion in BTC & ETH Options to Expire

The digital asset market has been one of the most interesting in the financial sector thus far in 2024. Bitcoin has seen its price…

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