For The First Time Ever, Ether Has Overtaken Bitcoin In The Options Market

Published by
ValueWalk
ValueWalk
Ether made history by overtaking bitcoin in open interest on the options market. On Tuesday morning, open interest in ether options stood at $5.6 billion, compared to the $4.6 billion in open interest for bitcoin options. That gave ether a 32% advantage over bitcoin in open interest on the options market via Deribit, the largest options exchange for bitcoin and ether in the world, accounting for over 90% of the trading volume worldwide. Q2 2022 hedge fund letters, conferences and more Ether Makes History In The Options MarketAnalysts calculate open interest on the options market by adding all …