10x Research: Bitcoin options market impact could significantly expand in the coming quarters
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Odaily Odaily 10x Research pointed out in its market analysis that recently, the impact of leverage on the Bitcoin ecosystem has undergone significant changes - whether through Bitcoin options, the stock prices of Bitcoin mining companies, or companies like MicroStrategy - reflecting the broader pursuit of high returns through complex financial strategies. This year, the monthly trading volume of Bitcoin options has ranged from US$42 billion to US$71 billion. Deribit continues to dominate the market with a 72% share, although this is lower than 78% a year ago. Binance and OKX have attracted more traders, and Bybit also offers options trading. While options have become a key tool for creating leverage, their importance is expected to increase further in the coming quarters. As more traders and institutions increasingly use options for strategic positioning, their impact on market dynamics is likely to expand significantly.
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