A total of 158,774 June, Q2, and H1 bitcoin contracts worth $4.8 billion and 1.23 million ether options of $2.3 billion will expire on Panama-based Deribit exchange, which hosts over 85% of the global trading in these instruments. Options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at a certain price within a specific amount of time. Bitcoin option 1 Bitcoin Index Futures (equivalent to 1 BTC)
Interactive Brokers ®, IBSM, InteractiveBrokers.com ®, Interactive Analytics ®, IB Options AnalyticsSM, IB SmartRoutingSM, PortfolioAnalyst ®, IB Trader WorkstationSM and One World, One AccountSM are service marks and/or trademarks of Interactive Brokers LLC. Supporting documentation for any claims and statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. Why Trade Bitcoin Futures? What are Bitcoin futures, and when did Bitcoin futures start? The BTC coin futures offer protection against volatility and adverse price movements. They also allow traders to speculate on the BTC future price. You can enter long Bitcoin positions if you expect the price to rise. In contrast, go short to cut losses when bitcoin prices fall. During periods of market instability, you can hedge your BTC portfolio by opening a reverse position for the same amount of BTC using futures contracts. In this case, Bitcoin futures contracts can protect your funds.