$10 Billion Bitcoin Options Expire on Deribit Friday as BTC Slides Below $60K

BTC-2.06%
According to Deribit, $10 billion in Bitcoin options expire on Friday, June 26 at 4 p.m. Singapore time. The expiring contracts represent roughly 37% of open interest on the exchange, the largest crypto derivatives venue. Bitcoin traded at $59,283 as of press time, down 2.6% in the past 24 hours, while U.S.-listed Bitcoin funds saw net outflows of $2.92 billion this month.
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