Approximately $2.5 Billion Worth of Bitcoin Options ExpireBitcoin / US DollarCOINBASE:BTCUSDVili_Wealth_PlanOn June 12th, approximately $2.5 billion worth of Bitcoin and Ethereum options expired, drawing market attention back to the $60,000 to $62,000 range for Bitcoin. While the expiration amount was higher than the previous week, it remained lower than typical large monthly or quarterly expirations, thus more likely to amplify short-term volatility than to alter the overall trend. Of the expiring options, approximately $2.23 billion in notional value for Bitcoin options, corresponding to about 35,000 contracts, and approximately $293 million in notional value for Ethereum options, corresponding to about 175,000 contracts, were expiring.