The proportion of Bitcoin options in the derivatives market has risen to nearly 60%

The proportion of Bitcoin options in the cryptocurrency derivatives market has risen to nearly 60%, up from about 50% at the beginning of the year. As of last Friday, the total size of open contracts in the Bitcoin derivatives market was approximately $129 billion, including $36 billion in US Bitcoin ETF related options and $35 billion in BlackRock IBIT options; After including options on native crypto platforms, the size of the Bitcoin options market is approximately $76 billion. (Source: CoinDesk)