Ethereum Options Open Interest Soars 315% — Are Institutions Bullish?

Cointelegraph

Published Jun 14, 2020 04:10PM ET

Updated Jun 15, 2020 11:00AM ET

Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction.

Open interest is the main gauge for derivative contracts activity, and on Ether options it has soared by 315% over the past two months to $158 million.

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