Crypto options are accounting for a larger share of Bitcoin derivatives activity, while Bybit has increased its share of options trading volume, shows report.

Crypto options are becoming a larger part of the digital asset derivatives market, with their share of Bitcoin derivatives open interest rising from about 25% to nearly 50% over the period studied, according to a Glassnode report produced in partnership with Bybit. Volume in dated futures was around 97% lower than in 2021 The report, The State of Crypto Derivatives , found that market participants are increasingly using options to manage risk, trade volatility and position around specific ma