{"id":499052,"date":"2022-08-17T23:00:55","date_gmt":"2022-08-17T23:00:55","guid":{"rendered":"https:\/\/wncen.com\/?p=499052"},"modified":"2024-06-11T14:22:40","modified_gmt":"2024-06-11T14:22:40","slug":"flippening-forewarning-ether-options-overtake-bitcoin-as-the-top-crypto-to-trade","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/flippening-forewarning-ether-options-overtake-bitcoin-as-the-top-crypto-to-trade\/","title":{"rendered":"Flippening Forewarning? Ether Options Overtake Bitcoin As The Top Crypto To Trade"},"content":{"rendered":"
Ether options have been trading for a much shorter time compared to Bitcoin options, but the former has done an impressive job catching up with its predecessor. Bitcoin had dominated as the leading crypto options asset in the space, with billions pouring into it. However, the tide had begun to turn in the 3rd quarter of 2022 when an important update about the Ethereum Merge triggered a surge in interest for Ether options.<\/p>\n
Ether options debuted in the market back in January 2020, and it has enjoyed steady growth since then. However, no matter how much Ether options had grown, bitcoin options remained higher with open interest in crypto pouring into the pioneer cryptocurrency. Then in July 2022, Ethereum developers made an announcement regarding the network\u2019s upgrade to a proof of stake mechanism, and this would change the game completely.<\/p>\n