Bitcoin & Ethereum Options Expire: $16 Billion Up for Grabs

A substantial $16 billion in Bitcoin and Ethereum options are set to expire today, October 31, 2025, on Deribit. This significant event is expected to impact crypto market liquidity and volatility, especially for Bitcoin and Ethereum as traders adjust their positions. The expiration event, one of the largest this year, will see major players including volatility traders, market makers, and institutional desks involved. Deribit’s dominance in BTC and ETH options trading further underscores its crucial role in managing this volatile period.