In August 2025, over $10 billion in Bitcoin and Ethereum options are set to expire on major exchanges such as Deribit and CME, leading to expectations of high market volatility.
Overall Options Volume
A substantial volume of Bitcoin and Ethereum options, exceeding $10 billion in notional value, is scheduled to expire at the end of August 2025. This event will take place on leading cryptocurrency exchanges, including Deribit and CME.
Market Sentiment
Traders are noting an increased interest in put options amid heightened bearish sentiment. Analysts point out that "the heavy put skew and open interest necessitate caution ahead of expiry."
Impact on Cryptocurrency Market
It is anticipated that the expiration of these options will result in significant volatility in the cryptocurrency market. A notable decline in Bitcoin prices is already observed, while Ethereum faces similar pressures. This creates additional circumstances for institutional investors and may disrupt market liquidity.
The upcoming expiry of options for Bitcoin and Ethereum in August 2025 will significantly influence cryptocurrency market volatility, necessitating close monitoring of investor sentiment shifts.
