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The open interest in BTC Options reached a new high of 43 billion USD this year, with institutions optimistic about breaking 150,000 USD in 2025.
[Coin World] On August 11, news reported that due to the approaching U.S. inflation data, the open interest of BTC and ETH options reached $43 billion and $13.9 billion respectively, both at year-to-date highs. Market traders are hedging through BTC put options in the range of $115,000 to $118,000. Analysts pointed out that if the CPI data is lower than expected, the Fed's rate cut probability in September will increase; conversely, it may suppress the rebound of risk assets. Institutional investment and ETF inflows continue, and BTC prices are expected to break $150,000 by the end of 2025.