$4.9B Bitcoin Options and $750M Ethereum Options Will Expire on July 18

Key Points

• Over $5.6 billion in Bitcoin and Ethereum options will expire on July 18 on Deribit.
• BTC trades above $118,000 and ETH trades above $3,400.

On July 17, Deribit released the Bitcoin and Ethereum options expiry data. The general crypto market is up by more than 1% in the past 24 hours ahead of the July 18 crypto options expiry.

Deribit’s Bitcoin and Ethereum Options Expiry Data

In a post on X, Deribit announced that more than $5.6 billion in BTC and ETH options will expire on July 18, at 08:00 (UTC).

$4.9 billion in Bitcoin options will expire with a Put/Call Ratio of 0.69 and a Max Pain Point of $113,000. Also, $750 million in Ethereum options will expire with a Put/Call Ratio of 1.00 and a Max Pain Point of $2,900.

🚨 Options Expiry Alert 🚨
At 08:00 UTC tomorrow, crypto options worth over $5.6B are set to expire on Deribit. $BTC : $4.9B notional | Put/Call: 0.69 | Max Pain: $113K $ETH : $750M notional | Put/Call: 1.00 | Max Pain: $2,900

Expiry is in motion. Trade or track it here ⤵️… pic.twitter.com/rJbXmZvunC

— Deribit (@DeribitOfficial) July 17, 2025

Deribit’s crypto options expiry data was released in a bullish week for both Bitcoin and Ethereum.

Bitcoin and Ethereum Price Trajectories

Here are Bitcoin and Ethereum’s price trajectories on July 17.

Bitcoin Price Action

At the moment of writing this article, BTC is trading above $118,000.

BTC price in USD today

This was a bullish week for Bitcoin, and the digital asset reached its new ATH above $123,000 on July 14. BTC’s price has been supported by the rising global adoption, continued institutional interest, and optimism in the crypto industry among other factors.

US-based BTC ETFs continued their streak of inflows for 10 consecutive days, with the biggest inflow day being on July 10 at $1.18 billion, according to data from SoSoValue .

On July 16, the BTC ETFs recorded almost $800 million in inflows, and the total net assets locked in the crypto products surpassed $153.7 billion. The cumulative total net inflow in the US BTC ETFs was over $53.8 billion as of July 16, according to the same data.

SoSoValue data – BTC ETFs inflows

Ethereum Price Action

On July 18, Ethereum was a better performer than Bitcoin. ETH is currently priced above $3,400, up by more than 4% in the past 24 hours.

ETH price in USD today

ETH’s price is also boosted by continued institutional support, among other factors. The US-based ETH ETFs recorded nine consecutive days of inflows, seeing their biggest inflow day ever on July 16, above $726 million.

SoSoValue data – ETH ETFs inflows

The total net assets locked in the ETH ETFs as of July 16 were over $16.4 billion, and the cumulative total net flow in the crypto products was over $6.4 billion.

The general crypto market remains surrounded by optimism amidst bullish moves for both BTC and ETH.