The post How Will Bitcoin, Ethereum, XRP Move as $2.3B Crypto Options Expire Today? appeared on BitcoinEthereumNews.com. Crypto traders brace for volatility amidThe post How Will Bitcoin, Ethereum, XRP Move as $2.3B Crypto Options Expire Today? appeared on BitcoinEthereumNews.com. Crypto traders brace for volatility amid

How Will Bitcoin, Ethereum, XRP Move as $2.3B Crypto Options Expire Today?

Crypto traders brace for volatility amid $2.3 billion in Bitcoin, Ethereum and XRP crypto options expiry today. BTC is falling back under $89K amid low trading volumes, derivatives pressure, and declining implied volatility, due to the damage caused by the Greenland tariffs before Trump called them off.

The crypto market cap risks falling below $3 trillion again as the Crypto Fear & Greed Index slips into ‘extreme fear’ at 24, from last week’s neutral sentiment at 49.

Crypto Fear & Greed Index

Bitcoin Falls Under $89K as amid $2 Billion BTC Options Expiry

Over 21K BTC options with a notional value of $1.94 billion are set to expire on January 23, according to largest derivatives crypto exchange Deribit. The put-call ratio of 0.82 shows neutral sentiment among options traders.

In the last 24 hours, put volume has increased to reach near call volume, with a put-call ratio of 0.96. This comes amid uncertainty in the crypto market, as the Bank of Japan holds rates at 0.75% while maintaining a hawkish inflation outlook.

Bitcoin max pain price is $92,000, above the current market price of $89,100. Expiry positioning is tightly clustered around key strike prices between $87K and $90K, keeping spot sensitive into the cut. Options data suggest BTC price to remain near $90K until the monthly expiry.

Bitcoin Options Open Interest. Source: Deribit

Deribit said geopolitics and trade policy uncertainty remain the macro backdrop, supporting hedging demand and keeping volume reactive.

Matrixport claims the Trump tariffs impacted Bitcoin significantly despite abandoning the Greenland-related tariff plans. The current pullback appears tactical rather than a structural change, with implications for positioning that extend beyond the headline noise. “But implied volatility is not spiking, raising the question of whether Bitcoin is losing its role as the market’s primary fear gauge.”

Ethereum and XRP Options Expiry

Over 116K Ethereum options with a notional value of $346 million are set to expire on Deribit, with a put-call ratio of 0.81. Over the last 24 hours, put volume has surpassed call volume, resulting in a put-call ratio of 1.65. It shows traders are extremely bearish and anticipate further selloffs.

Moreover, the max pain price is at $3,200, higher than the current market price of $2,930 at the time of writing. Traders are targeting ETH price to drop below $2,900 leading up to the massive monthly expiry next week.

Ethereum Options Open Interest. Source: Deribit

The impact of options on ETH prices has surged amid options trading on Ethereum ETFs. As CoinGape reported, Nasdaq seeks to remove options trading restrictions for Bitcoin and Ethereum ETFs. This includes BlackRock’s IBIT and ETHA, along with exchange-traded funds by Grayscale, Bitwise, and Fidelity.

Meanwhile, XRP options of notional value $3 million are set to expire today, with a put-call ratio of 1.14. Over the last 24 hours, it has climbed to 1.33 as put volume has exceeded call volume.

The max pain point is at $2.05, above the XRP price of $1.90 at the time of writing. However, traders are betting on XRP to remain under selling pressure. Technical and on-chain data signal negative sentiment among whales and investors.

XRP Options Open Interest. Source: Deribit

Source: https://coingape.com/how-will-bitcoin-ethereum-xrp-move-as-2-3b-crypto-options-expire-today/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Momentous Grayscale ETF: GDLC Fund’s Historic Conversion Set to Trade Tomorrow

Momentous Grayscale ETF: GDLC Fund’s Historic Conversion Set to Trade Tomorrow

BitcoinWorld Momentous Grayscale ETF: GDLC Fund’s Historic Conversion Set to Trade Tomorrow Get ready for a significant shift in the world of digital asset investing! A truly momentous event is unfolding as Grayscale’s Digital Large Cap Fund (GDLC) makes its highly anticipated transition into a spot crypto exchange-traded fund. This isn’t just a name change; it’s a pivotal moment for the broader cryptocurrency market, bringing a new era of accessibility and institutional participation through the Grayscale ETF. What’s Happening with the Grayscale ETF Conversion? Tomorrow marks a historic day for Grayscale’s Digital Large Cap Fund (GDLC). This existing spot crypto basket is officially scheduled to begin trading under its new identity: the Grayscale CoinDesk Crypto5 ETF. This exciting development comes directly after the U.S. Securities and Exchange Commission (SEC) gave its stamp of approval to Grayscale’s application for this conversion. As Bloomberg ETF analyst Eric Balchunas highlighted, this move has been keenly watched. The approval and subsequent launch underscore a growing acceptance of crypto-backed financial products within traditional markets. For investors, this conversion of the Grayscale ETF represents a more streamlined and regulated way to gain exposure to a diversified basket of large-cap digital assets. Why is the Grayscale ETF a Game-Changer for Investors? The conversion of GDLC into a Grayscale ETF offers several compelling benefits, fundamentally changing how investors can access the crypto market. Firstly, ETFs are known for their ease of trading. They can be bought and sold on traditional stock exchanges, just like company shares, making them incredibly accessible to a wider range of investors who might be hesitant to directly hold cryptocurrencies. Consider these key advantages: Enhanced Accessibility: Investors can gain exposure to a diversified crypto portfolio without needing to set up crypto wallets or manage private keys. Increased Liquidity: Trading on major exchanges typically means higher liquidity, allowing for easier entry and exit points. Regulatory Oversight: As an SEC-approved product, the Grayscale ETF operates under a regulated framework, potentially offering greater investor protection and confidence. Diversification: The Grayscale CoinDesk Crypto5 ETF tracks a basket of large-cap cryptocurrencies, offering immediate diversification rather than exposure to a single asset. This development is a strong indicator of the maturation of the digital asset space. It signals a bridge between the innovative world of crypto and the established financial system. Navigating the New Grayscale ETF Landscape While the launch of the Grayscale CoinDesk Crypto5 ETF brings exciting opportunities, it’s also important for investors to understand its implications. The shift from a closed-end fund structure (GDLC) to an open-ended ETF means that the fund’s shares can now be created and redeemed daily. This mechanism helps keep the ETF’s market price closely aligned with the net asset value (NAV) of its underlying holdings. Historically, closed-end funds like GDLC could trade at significant premiums or discounts to their NAV. The ETF structure is designed to mitigate these discrepancies, providing a more efficient pricing mechanism. This change offers a more transparent and potentially less volatile investment experience for those looking to invest in a Grayscale ETF. What’s Next for Crypto ETFs and Grayscale? The successful conversion and launch of the Grayscale CoinDesk Crypto5 ETF could pave the way for similar transformations of other Grayscale products. It also sets a precedent for how existing crypto investment vehicles might evolve to meet market demand for regulated, accessible products. The increasing number of spot crypto ETFs, including this new Grayscale ETF, reflects a growing institutional appetite for digital assets. This trend suggests a future where cryptocurrency investing becomes an even more integrated part of mainstream financial portfolios. As regulatory clarity continues to improve, we can anticipate further innovation and expansion in the crypto ETF landscape, offering investors diverse options to participate in the digital economy. The launch of the Grayscale CoinDesk Crypto5 ETF is more than just a new product; it’s a testament to the persistent efforts to bring digital assets into the mainstream financial fold. By offering a regulated, accessible, and diversified investment vehicle, Grayscale is not only expanding opportunities for investors but also reinforcing the legitimacy and staying power of the crypto market. This momentous step truly reshapes the investment landscape, making it easier for a broader audience to engage with the exciting potential of cryptocurrencies through a trusted Grayscale ETF. Frequently Asked Questions (FAQs) What is the Grayscale CoinDesk Crypto5 ETF? The Grayscale CoinDesk Crypto5 ETF is the new name and structure for Grayscale’s former Digital Large Cap Fund (GDLC). It’s a spot crypto basket that holds a diversified portfolio of large-cap digital assets, now trading as an exchange-traded fund. When will the Grayscale ETF begin trading? The Grayscale CoinDesk Crypto5 ETF is scheduled to begin trading tomorrow, following its approval by the U.S. Securities and Exchange Commission (SEC). How does an ETF differ from the previous GDLC fund? As an ETF, the fund’s shares can be created and redeemed daily, which helps keep its market price closely aligned with the value of its underlying assets. The previous GDLC fund was a closed-end fund that could trade at significant premiums or discounts to its net asset value. What are the benefits of investing in the Grayscale ETF? Benefits include enhanced accessibility (trading on traditional exchanges), increased liquidity, regulatory oversight by the SEC, and immediate diversification into a basket of large-cap cryptocurrencies. Is the Grayscale ETF suitable for all investors? While the Grayscale ETF offers a regulated and accessible way to invest in crypto, all investments carry risks. Investors should conduct their own research and consider their financial goals and risk tolerance before investing in any ETF, including this Grayscale ETF. Did you find this article informative? Share this exciting news about the Grayscale ETF conversion with your friends, family, and fellow investors on social media to keep them informed about the latest developments in the crypto world! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Ethereum price action. This post Momentous Grayscale ETF: GDLC Fund’s Historic Conversion Set to Trade Tomorrow first appeared on BitcoinWorld.
Share
Coinstats2025/09/19 17:45
The UA Sprinkler Fitters Local 669 JATC – Notice of Privacy Incident

The UA Sprinkler Fitters Local 669 JATC – Notice of Privacy Incident

Landover, Maryland, February 6, 2026– The UA Sprinkler Fitters Local 669 Joint Apprenticeship and Training Committee (“JATC”) is providing notice of an event that
Share
AI Journal2026/02/07 07:30
Vitalik Buterin Reveals Ethereum’s (ETH) Future Plans – Here’s What’s Planned

Vitalik Buterin Reveals Ethereum’s (ETH) Future Plans – Here’s What’s Planned

The post Vitalik Buterin Reveals Ethereum’s (ETH) Future Plans – Here’s What’s Planned appeared on BitcoinEthereumNews.com. Ethereum founder Vitalik Buterin presented the network’s new roadmap, which includes its short-, medium-, and long-term goals, at the Developer Conference held in Japan today. Scalability, cross-layer compatibility, privacy, and security were the prominent topics in Buterin’s speech. Buterin stated that the short-term focus will be on increasing gas limits on the Ethereum mainnet (L1). He said that tools such as block-level access lists, ZK-EVMs, gas price restructuring, and slot optimization will be used in this context. The goal is to maintain the network’s decentralization while increasing scalability. The medium-term goal is to enable trustless asset transfers between Layer-2 (L2) networks and achieve faster transaction finality. In this context, “Stage 2 Rollup” solutions, proof-of-conduct combinations, and optimizations for reading data from L1 are on the agenda. Furthermore, network optimizations such as shortening slot times, fast finality protocols, and erasure coding are planned to improve user experience and security. Buterin emphasized that privacy is a priority for both the short and medium term. Zero-knowledge (ZK) proofs, anonymous pools, encrypted voting, and scrambling network solutions are highlighted to protect the privacy of users’ on-chain payments, voting, DeFi transactions, and account changes. Furthermore, secure execution environments, secret query techniques, and the ability to conceal fraudulent requests and data access patterns are also targeted when reading data from the chain. Buterin’s long-term vision highlights a minimalist, secure, and simple Ethereum. This roadmap includes resistance to the risks posed by quantum computers, securing the protocol with mathematical methods (formal verification), and transitioning to ideal cryptographic solutions. Buterin stated that these strategic steps will transform Ethereum into a more scalable, user-friendly, and secure infrastructure. With the strengthening of L2 networks, more users will be able to use Ethereum with less trust assumptions. The ultimate goal is for Ethereum to become a reliable foundational infrastructure for global…
Share
BitcoinEthereumNews2025/09/18 15:57