Editor's PiCK

Ethereum Options Open Interest Hits Highest Level This Year

Source
Son Min

Summary

  • Glassnode reported that Ethereum (ETH) options open interest (OI) has reached its highest level this year.
  • They stated that the current options open interest stands at $13.75 billion, marking the yearly peak.
  • This is close to the all-time high of $14.6 billion recorded in March last year, and investor interest in derivatives is increasing.

The open interest (OI) for Ethereum (ETH) options has reached its highest level this year.

On the 11th (local time), Glassnode stated on X (formerly Twitter), "The current size of Ethereum options open interest stands at $13.75 billion, marking the largest amount so far this year."

Glassnode added, "This figure is also close to the all-time high of $14.6 billion recorded in March last year," and noted, "The rise in Ethereum's price is driving increased interest in derivatives."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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