Odaily News The Block data shows that more than US$3 billion worth of Bitcoin options and approximately US$1.8 billion in Ethereum options on Deribit will expire on September 29. Deribit Chief Commercial Officer Luuk Strijers highlighted the similarities between cryptocurrency markets and traditional financial markets when approaching option expiry dates, particularly quarterly expirations: “This can lead to larger trading volumes and volatility. Do Actions by market makers can lead to increased market volatility, especially before options expire. Market makers adjust their hedges to accommodate changes in the price of the underlying asset. (The Block)