Bitcoin Options Traders Aim for $140,000 as BlackRock ETF Reaches Record Open Interest

Bitcoin has experienced a surge past $125,000, prompting options traders to increase bets on its price reaching $140,000 by year’s end. This rally, which has pushed Bitcoin up more than 100% in the past year, is fueled by increased demand for safe-haven assets during the ongoing U.S. government shutdown. Short-term Bitcoin options contracts now exhibit concentrated open interest at the $140,000 strike price, suggesting traders expect further gains before year’s end.