$1.33 Billion in ETH Options Near Expiration After Spot Ethereum ETF Approval

The crypto market awaits a significant event today—the liquidation of over $1 billion in Ethereum (ETH) options. This massive contract expiration is interesting, particularly due to the approval of spot Ethereum exchange-traded funds (ETFs) in the United States. At the same time, approximately $1.42 million in Bitcoin (BTC) options contracts will also expire. Can the expiration cause... source: https://beincrypto.com/ethereum-bitcoin-crypto-options-expire-24-may/