Update
Bitcoin Options Market Grows
Bitcoin options are taking a larger share of the largest cryptocurrency's derivatives market, according to Volmex. Bitcoin options now account for about 60% of open interest, up from around 50% at the start of the year. This reflects a shift towards risk management in bitcoin trading, with options allowing investors to hedge their holdings, earn additional income, or bet on a big move without borrowing. The market encompasses bitcoin futures, perpetual futures, and both bitcoin-native and ETF-based options.