Deribit prepares for historic $1 billion options expiry next week

Next week will be historic for the fast-growing cryptocurrency derivatives market with a record $1 billion worth of bitcoin and ethereum options expiring on Deribit. In options trading, traders can make bets on contracts that expire in different months. Bitcoin options expiring in June make up the biggest portion of Deribit’s open interest with 69% […]

The post Deribit prepares for historic $1 billion options expiry next week appeared first on The Block.