Options are taking a bigger share of bitcoin's derivatives market, accounting for just under 60% of open interest last week according to Volmex, up from around 50% at the start of the year. Total bitcoin derivatives open interest is about $129 billion, with ETF-linked options making up about 47% of the options market and BlackRock's IBIT holding nearly $35 billion. Volmex calls this a structural shift in which trading is increasingly about managing risk rather than betting on direction. BlackRock has also launched the BITA income ETF and filed for a bitcoin buffer ETF, and the article suggests bitcoin's volatility could keep declining.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/20/2026 | 83,028.15 |
| Change that session | +1.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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