$11B in Bitcoin Options Expire Friday After Fed Holds With Hike Votes
About a third of Deribit's Bitcoin options, worth $11 billion in total, are set to settle on Friday. The news follows a Fed decision to hold rates, where two officials voted to raise them instead. Traders may watch closely because the expiry and the Fed's stance could both shape Bitcoin's price.
Why it matters
- A large share of Deribit's Bitcoin options will settle on Friday, a sizeable amount of exposure.
- The Fed held rates, but two officials voted for a hike, signaling some pressure toward tighter policy.
- Options expiries can affect Bitcoin's price, so traders may adjust positions ahead of settlement.
What to watch next
Watch Bitcoin's price action around Friday's options settlement and any further signals from the Fed on rate hikes.
