Bitcoin Options Gain Market Share in Crypto Derivatives

A joint report by Bybit and Glassnode has revealed that Bitcoin options are steadily increasing their share of the crypto derivatives market in 2026. This shift highlights changing trader strategies, with more focus on options rather than futures.

Glassnode has expanded its analytics toolkit to track 40 different options metrics, providing deeper insights into market sentiment and positioning. Key metrics like gamma exposure and premium flows help explain how traders are hedging and where price movements might be amplified or dampened.

Meanwhile, the crypto market saw some notable price movements, with 43 of 50 major cryptocurrencies rising while 6 fell. Polkadot (DOT) gained 6.26% to Rp18.003 with 62% buy orders, The Graph (GRT) rose 4.50% to Rp320 with 99% buy orders, and Stellar (XLM) increased 4.29% to Rp3.230 with 60% sell orders as of Sep 17, 2026 17:02 WIB.