Crypto Options Trading Volume Hits Record as ETF Deadline Nears
- Crypto derivatives see soaring interest from institutions
- Quarterly expiry is set be the largest in history of Deribit
Crypto options and futures are seeing a surge in demand ahead of the deadline for US regulators to approve or reject crypto ETFs.
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This year’s massive rebound in cryptocurrencies is firing up the digital-asset derivatives market.
Crypto options and futures are seeing a surge in demand from traditional institutional investors making bets ahead of the deadline for US regulators to approve or reject exchange-traded funds that invest directly in Bitcoin. Trading volume for Bitcoin options has reached an all-time-high, according to data compiled by The Block. Deribit, the largest crypto-options exchange, is poised for its biggest-ever quarterly expiry on Friday.