BTC's price decline and lower volatility contrast with Ethereum's rising dominance in derivatives.
Ethereum's market cap is $428 billion, second to Bitcoin, according to CoinMarketCap.
Bybit, in collaboration with Blocks Scholes, released its
latest weekly derivatives analytics report, revealing that Ethereum (ETH) has
recently surpassed Bitcoin (BTC) in key trading metrics.
According to CoinMarketCap, Ethereum is among the top
gainers in the cryptocurrency market. This surge in ETH’s performance is
attributed to news regarding US SEC Chair Gary Gensler's upcoming departure at
the end of the Biden administration's term.
Investors are optimistic about a
potentially more crypto-friendly SEC Chair after Gensler's exit on January 20,
2025.
Ethereum Surpasses Bitcoin in Trading Volume
The report highlights that ETH has outperformed BTC in open
interest. Data shows a decline in open interest for BTC perpetual contracts,
while ETH's open interest has been on the rise.
Over the past six months, ETH has also captured a larger
share of daily trading volumes, despite a slower market overall this week. This
shift suggests growing interest in Ethereum as investors anticipate less
regulatory scrutiny in the near future.
Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC, Source: Bybit
Earlier, The US
SEC confirmed Gensler's departure, as reported by Finance Magnates coinciding with
Donald Trump's inauguration. Gensler, known for his strict crypto regulations,
faced challenges during his tenure, including the GameStop saga. Despite
criticism, the SEC credited him with reforms aimed at improving market
efficiency and transparency.
CoinMarketCap data shows that Ethereum's market cap stands
at $428.06 billion, securing the number two spot, just behind Bitcoin.
Source: CoinMarketCap
BTC Price Decline Leads to Flattened Volatility
On the other hand, BTC
has seen a decline in price from its previous high of $100K. This has led
to a flattening of the ATM volatility term structure, with short-term options
dipping below 60%. This drop in BTC’s volatility reflects a broader trend
observed since the US election. While open interest in calls and puts remains
steady, the demand for short-term options has stagnated.
In terms of options, ETH shows slightly more bullish
sentiment than BTC. Despite market recalibration following the post-election
highs, call options for ETH continue to lead in both trading volumes and open
interest.
Bybit, in collaboration with Blocks Scholes, released its
latest weekly derivatives analytics report, revealing that Ethereum (ETH) has
recently surpassed Bitcoin (BTC) in key trading metrics.
According to CoinMarketCap, Ethereum is among the top
gainers in the cryptocurrency market. This surge in ETH’s performance is
attributed to news regarding US SEC Chair Gary Gensler's upcoming departure at
the end of the Biden administration's term.
Investors are optimistic about a
potentially more crypto-friendly SEC Chair after Gensler's exit on January 20,
2025.
Ethereum Surpasses Bitcoin in Trading Volume
The report highlights that ETH has outperformed BTC in open
interest. Data shows a decline in open interest for BTC perpetual contracts,
while ETH's open interest has been on the rise.
Over the past six months, ETH has also captured a larger
share of daily trading volumes, despite a slower market overall this week. This
shift suggests growing interest in Ethereum as investors anticipate less
regulatory scrutiny in the near future.
Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC, Source: Bybit
Earlier, The US
SEC confirmed Gensler's departure, as reported by Finance Magnates coinciding with
Donald Trump's inauguration. Gensler, known for his strict crypto regulations,
faced challenges during his tenure, including the GameStop saga. Despite
criticism, the SEC credited him with reforms aimed at improving market
efficiency and transparency.
CoinMarketCap data shows that Ethereum's market cap stands
at $428.06 billion, securing the number two spot, just behind Bitcoin.
Source: CoinMarketCap
BTC Price Decline Leads to Flattened Volatility
On the other hand, BTC
has seen a decline in price from its previous high of $100K. This has led
to a flattening of the ATM volatility term structure, with short-term options
dipping below 60%. This drop in BTC’s volatility reflects a broader trend
observed since the US election. While open interest in calls and puts remains
steady, the demand for short-term options has stagnated.
In terms of options, ETH shows slightly more bullish
sentiment than BTC. Despite market recalibration following the post-election
highs, call options for ETH continue to lead in both trading volumes and open
interest.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
WhiteBIT secures brokerage license in Georgia to launch regulated crypto derivatives
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
