On August 7, Deribit revealed the Bitcoin and Ethereum options expiry data amidst a bullish market. The general crypto market is up by almost 3% today.
Deribit's Data About BTC and ETH Options Expiry
In a post via X, Deribit announced that over $4.9 billion in BTC and ETH options will expire on August 8.
$4.15 billion in BTC options will expire with a Put/Call Ratio of 1.38 and a Max Pain Point of $115,000. Also, $792 million in ETH options will expire with a Put/Call Ratio of 1.06 and a Max Pain Point of $3,600.
On August 7, both BTC and ETH are trading above their Max Pain Points.
Bitcoin and Ethereum Price Trajectories on August 7
BTC and ETH price actions today:
BTC Price Trajectory
At the moment of writing this article, BTC is trading above $116,000, up by more than 2% in the past 24 hours. The digital asset recorded a rebound from $114,000 levels on August 7, amidst market optimism.
The crypto market received an injection of optimism following the latest reports stating that the US President, Donald Trump, will sign an Executive Order that will open the way for alternative assets in 401(k)s.
Earlier, Reuters reported that the new Executive Order would allow private equity, real estate, crypto, and other alternative assets in 401(k) retirement accounts, citing data from a White House official.
The official reportedly said that this new order directs the US SEC to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable regulations and guidance.
It's also worth noting that, following a short break, the US BTC ETFs recorded a new day of inflows on August 6 at over $91 million, according to data from SoSoValue.
ETH Price Trajectory
ETH was a better performer on August 7, being up by more than 7% in the past 24 hours. At the moment of writing this article, ETH is trading above $3,800, following a rebound from $3,500 levels on August 6.
Institutional interest in ETH continues, with August 6 being the second inflow day in ETH ETFs at over $35 million, following two days of outflows on August 4 and 1st. On August 5, ETH ETFs recorded over $73 million in inflows.
