Bitcoin Options Expiry Looms as $8.8B BTC & ETH Contracts Could Trigger Volatility

The post Bitcoin Options Expiry Looms as $8.8B BTC & ETH Contracts Could Trigger Volatility appeared first on Coinpedia Fintech News

As the crypto market extends its rebound, traders are now turning cautious ahead of a major derivatives event. Bitcoin options expiry tomorrow could act as a near-term catalyst for volatility, with billions in BTC and ETH contracts approaching settlement. While spot prices look strong for now, history shows that options expiry often brings sharp intraday swings, fake breakouts, or sudden reversals.

At the time of writing, Bitcoin is holding near $68,000, up nearly 4% on the day, while Ethereum has surged close to $2,100, posting an even stronger 8% rally. The question now is whether this momentum can sustain after expiry, or if the market sees a brief volatility shakeout.

According to data from Deribit, more than $7.8 billion in Bitcoin options and around $1 billion in Ethereum options will expire at 08:00 UTC on February 27. Current positioning shows:

• BTC put/call ratio near 0.76, indicating call-heavy (bullish) bias
• ETH put/call ratio around 0.77, also favoring upside bets