Bitcoin futures contract expired

Seamus Donoghue, vice president of sales at digital currency security firm Metaco, said: "Institutional adoption of Bitcoin should drive continued underlying growth for futures and options volumes.

Yet Erlam was more skeptical about what the rise in options trading meant. If it does not pick up soon then "momentum" funds that follow trends could force the price lower, they warned.

43% of options contracts are already worthless

Harry Robertson. The surge in the Bitcoin price has helped the options market expand rapidly. Investors remain bullish about Bitcoin, according to options data, despite recent volatility. Sign up here our daily newsletter, 10 Things Before the Opening Bell. Read the original article on Business Insider.

Bitcoin Traders Brace for Record $6B in Options to Expire Friday

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    Bitcoin Traders Brace for Record $6B in Options to Expire Friday

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    Bitcoin Traders Brace for Record $6B in Options to Expire Friday

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