According to Foresight News, data from Coinglass reveals that the current global open interest for Bitcoin (BTC) options stands at $148.1 billion, while Ethereum (ETH) options open interest is at $70.9 billion.
These figures indicate the total value of outstanding contracts in the cryptocurrency options market, reflecting the level of interest and activity in these digital assets. The high open interest for both BTC and ETH options suggests that investors are actively participating in the market and speculating on the future price movements of these cryptocurrencies.
As the cryptocurrency market continues to evolve and attract more participants, the open interest in BTC and ETH options is likely to remain a key indicator of market sentiment and investor interest in these digital assets.
