Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
Why Bitcoin Options Open Interest Is Shrinking as Price Holds
Lucas and Luna explore the puzzling disconnect between Bitcoin's stable price and the steady decline in options open interest through mid-2026. With BTC hovering around $65,000, open interest across Deribit and CME has contracted roughly 30 percent since April. The hosts unpack two driving forces: the collapse of retail speculative volume as ETF flows rotate away from derivatives, and the institutional shift toward basis trades that suppress implied volatility. They also examine how record-low volatility readings are creating a paradox where traders need volatility to profit, but their…
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