Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend

The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15.

That’s nearly a 25% increase in a week, according to data from The Block Research.

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In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 million, or 39.5%, in a week, according to The Block Research. 

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Open interest on crypto options has been rising steadily since October, setting all-time highs in the months prior.