Interest in Ether Options Outpaces Bitcoin, Can Drive ETH to New Highs By Cointelegraph

Interest in Ether Options Outpaces Bitcoin, Can Drive ETH to


Interest in Ether Options Outpaces Bitcoin, Can Drive ETH to New Highs

Ether (ETH) options are having a fantastic year, with open interest on Deribit — the largest market for these options — having surged 315% to $158 million over the past two months, breaking the $150-million barrier for the first time ever.

Even though Ether first came about only to serve the users of the platform as a wallet to use with the apps developed on the platform, it has in the recent past emerged as the clear competitor to (BTC), being the second-largest cryptocurrency by market capitalization.

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