30s Summary
Bitcoin futures on Deribit trading platform for March, June, and September 2025 are valued over $100,000, exceeding Bitcoin’s current market price. In addition, a $100,000 Bitcoin call option has an open interest of over $2 billion, supporting predictions of Bitcoin’s price rising beyond $100,000 by March end. However, contracts due to expire soon and those on Chicago Mercantile Exchange, an institutional activity marker, are still under $100,000.
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Bitcoin futures on Deribit, expiring in March, June, and September 2025, are currently trading over $100,000. Moreover, a Bitcoin call option at the $100,000 strike has drawn an open interest of over $2 billion.
In simpler terms, Deribit’s bitcoin futures have surpassed the $100,000 tag, which shows their rate is higher than Bitcoin’s current market price.
Currently, Bitcoin futures ending on March 28 is trading 4.8% higher at $101,992. This price is nearly 5% more than the average world spot price of $97,200. Also, contracts that are set to end in June and September have been selling at $104,948 and $107,690 respectively.
These rates suggest that traders anticipate the Bitcoin market price to exceed $100,000 by the end of March and continue to rise from there. The Bitcoin options on Deribit uphold this prediction, with a $100,000 call option recording an open interest of $2.13 billion.
However, the futures contract due to expire soon on December 28 is still in five figures. Contracts on the Chicago Mercantile Exchange, viewed as a marker for institutional activity, are also trading below $100,000.