Ethereum’s choices market is gaining vital momentum, with open curiosity hovering to $13.75 billion, the best stage recorded in 2025, in line with Glass node knowledge.
The determine marks a notable improve and brings the market near the $14.6 billion all-time excessive achieved in March of final 12 months.
The surge displays a pointy rise in spinoff exercise as merchants place themselves for potential value actions. Choices present a method for buyers to achieve publicity to Ethereum’s future value swings or hedge in opposition to losses whereas sustaining their ETH holdings.
This makes choices engaging for institutional gamers and complex buying and selling desks looking for to execute extra superior methods. Market knowledge from Deribit reveals that the majority ETH positions are skewed towards bullish bets, with calls dominating over places.
Important spikes in open curiosity are seen at strike costs of $4,000, $5,000, and $6,200, indicating that merchants are inserting giant bullish bets, practically $2 billion in complete, on these ranges.
This bullish sentiment comes as Ethereum has surged by roughly 18.5% over the previous week, pushing the value above $4,000.
The continuing rally has spurred merchants to lock positions forward of potential positive factors, fueling the upward momentum.
