Growth in the volume of transactions with options on Bic…

Growth in the volume of transactions with options on Bic… post thumbnail image

In just a year, market participants made deals on instruments worth $387 billion.

The growth of the volume of transactions with options on the two most capitalized cryptocurrencies: Bitcoin and Ethereum in 2021 by 443%. About this, with reference to the results of market research, writes The Block.

Volume of transactions with options on Bitcoin and Ethereum. Source: Blok

  • Analysts draw attention to the fact that the total volume of transactions with options on Bitcoin and Ethereum in 2021 exceeds $ 387 billion. In comparison, last year’s yield was $71 billion.
  • The most popular platform for trading options on bitcoin and Ethereum turns out to be Deribit. This, according to analysts, accounts for about 90% of the trading volume of financial instruments.
  • Among other popular trading platforms, The Block team highlighted CME, Okex, FTX, Huobi, and Bit.com.
  • The largest volume of transactions with options on bitcoin was recorded in April, with Ethereum – in May.

We will remind, The Block analysts previously came to the conclusion that by 2021 crypto companies raised more than $25 billion in venture funding.

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