Crypto
$16.6B in Bitcoin and Ethereum Options Set to Expire Amid Policy Decisions
The notional value of Bitcoin and Ethereum options expiring in Q3 2026 exceeds $16.6 billion, with calls outnumbering puts in both markets.
Data from Coinbase Markets shows that Bitcoin's estimated total is $14.73 billion, more than Ethereum, which totals about $1.92 billion.
The open interest for Bitcoin options is 186,000 BTC and for Ethereum options is 756,100 ETH.
Bitcoin represents nearly 89% of the total notional amount, with a put-to-call ratio of 0.52, indicating fewer puts written than calls.