Bitcoin and Ether options expiry on Deribit

On Friday, October 16, 2026, a large batch of Bitcoin (BTC) and Ether (ETH) options contracts is set to expire on the Deribit derivatives exchange. Around $1.25 billion in Bitcoin options and $247 million in Ether options are due to settle.

What is happening

Deribit options on BTC and ETH reach their expiry on October 16. According to the source, roughly $1.25 billion in notional value of Bitcoin options and about $247 million in Ether options are scheduled to expire on that day.

The expiry falls in a busy stretch of the market calendar. The same week includes the US CPI release for September on Wednesday, October 14, followed by US Producer Price Index and retail sales data on Thursday, October 15. The source notes that volatility can build into the New York close on expiry day.

At the time of the source article, Bitcoin traded near $83,000 and Ether near $2,500. The article describes a defensive market, with cooling ETF demand and a focus on the Federal Reserve's next policy decision later in October.

Why it matters

Large options expiries can influence short-term trading conditions, because positions tied to these contracts are closed, settled or rolled over around the expiry time. For traders, this can mean wider swings and shifting liquidity near the New York close. Holders who do not trade derivatives are usually less directly affected, but they may see sharper intraday moves than usual.

The expiry also comes right after a major macroeconomic data release, so the market reaction to inflation figures may overlap with expiry-related positioning. This article does not predict direction; it only highlights that the day carries a higher chance of volatility than a typical session.

Key details

• Date: October 16, 2026 (confirmed; volatility expected into the New York close)
• Project: Deribit
• Coins: BTC, ETH
• Category: Event
• Status: Confirmed
• Source: CryptoTicker