Bitcoin Options Expiry Set for Minimal Impact on Spot Markets

This week's Bitcoin options expiry is expected to have minimal impact on spot markets, as only 16,500 contracts valued at around $1.6 billion are set to expire on February 21.

This is relatively small compared to previous expiries and suggests that market participants are not overly concerned about the event.

The current batch of Bitcoin options has a put/call ratio of 0.75, indicating a slight dominance of call contracts over puts set to expire.