The post $2.6B BTC, ETH Crypto Options Expire, Kicking Off 2025 Market Action appeared on BitcoinEthereumNews.com.

The crypto market kicked off 2025 with $2.6B in BTC and ETH options expiring, signaling heightened activity. Meanwhile, Bitcoin and Ethereum spot ETFs experienced mixed movements. Notable outflows and inflows highlight investor sentiment shifts and market recalibrations. BTC and ETH Crypto Options Expire With $2.6B Notional Value as Market Heats Up The 3rd January options data marks an important expiration event in the crypto market, showing more than usual interest dynamics. The total of 20,000 Bitcoin (BTC) options expired at a put-call ratio of 0.69. The notional value of these options was $1.93 billion with a maximum pain point of $97,000. On the ETH side, 206,000 ETH options expired with a put call ratio of 0.81, a max pain point of $3,400, and a notional value $710 million. Traders are still very much interested in both BTC and ETH derivatives markets. It’s the first weekly options delivery of 2025, seeing total options expire worth a combined $2.6 billion. Source: X European and American clients are returning from their holiday breaks, which leads to a large expiration of this trading day. – Advertisement – Based on sentiment, put call ratios are a little bit more balanced. However, Ethereum has a higher ratio than Bitcoin, indicating a little more bullish sentiment. As institutional and retail investors hustle to reposition themselves for the new year, the market’s activity is heating up. These options could expire into the spot. They would hence lead to a price level recalibration and subsequently higher volatility in the short term. Ethereum Spot ETF Sees $77.51M Outflow Amid Grayscale Decline In total, there was a net outflow worth $77.51 million on January 2. Investor activity took a hit on the day for Ethereum spot ETFs. Moreover, like the Grayscale Bitcoin Trust (GBTC), its ETF specifically for Ethereum (ETHE) recorded…

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Filed under: News - @ January 5, 2025 10:19 am