Bitcoin Options Open Interest Holds Steady at $25 Billion

Bitcoin's options open interest has remained steady at approximately $25.33 billion, indicating a bullish bias among traders. The majority of this interest comes from call options, making up about 60% of total open interest.

This suggests that traders are leaning towards an optimistic outlook in the short term, despite overall positioning remaining stable.

Key contract expiries show a mix of both bullish and protective strategies, indicating that traders are preparing for potential price swings while maintaining cautious optimism.