Yes, Bitcoin Options Open Interest is 2.5 times higher today; Why?
With this kind of momentum structure up, Open Interest on derivatives exchanges is up too. A series of occasions over the previous 3 weeks, consisting of the $50 million financial investment by Square Inc. and the $500 million financial investment by MicroStrategy, have actually put Bitcoin front and center for institutional financiers. Open interest in the BTC Options market is anticipated to increase even more as clever cash is worried about threat direct exposure.
With this kind of momentum structure up, Open Interest on derivatives exchanges is up too. A series of occasions over the previous 3 weeks, consisting of the $50 million financial investment by Square Inc. and the $500 million financial investment by MicroStrategy, have actually put Bitcoin front and center for institutional financiers. Open interest in the BTC Options market is anticipated to increase even more as clever cash is worried about threat direct exposure.
