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#glassnode For the first time, the amount of Open Interest in | TradingByCF Vip

#glassnode
For the first time, the amount of Open Interest in #Bitcoin Options contracts ($10.3B) has surpassed that held in Futures contracts ($10.0B).

Futures OI has been relatively flat in 2023.

This results from significant call option buys, as investors start to speculate on higher $BTC prices.