Name: U.S. Elections-Linked Bitcoin Options Draw Nearly $350M
Uploaded: 2024-08-20T16:24:20.000Z
Duration: 53 s
Description: Crypto traders speculating on how the U.S. elections might affect digital assets have locked millions in bitcoin options tied to the event. According to Amberdata, the notional open interest or the dollar value of the number of active options contracts was around $345 million as of story time. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

CD20$2,035.761.62%BTC$75,922.491.80%ETH$2,072.001.79%XRP$1.331.82%SOL$83.641.94%

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M | CoinDesk Videos

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CD20$2,035.761.62%BTC$75,922.491.80%ETH$2,072.001.79%XRP$1.331.82%SOL$83.641.94%

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M | CoinDesk Videos