U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest

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Source: Coindesk.com

Traders have locked in $345 million in bitcoin options expiring four days after the Nov. 4 elections. Distribution of open interest shows bullish sentiment, according to Wintermute.

Crypto traders speculating on how the impending U.S. elections might affect the digital assets industry have locked millions in bitcoin (BTC) options tied to

Read More https://www.coindesk.com/markets/2024/08/20/us-elections-linked-bitcoin-options-draw-nearly-350m-in-open-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest" appeared first here Coindesk.com.

Source: Coindesk.com

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