Bitcoin Options Worth $3.7 Billion Expires On Jan. 29: What Will Happen Next? KEY POINTS Options trading growth correlates with the increase in institutional participation in the market Still despite the maturation of the market, it does not take away cryptocurrency's volatility A record-breaking $3.7 billion worth of Bitcoin options are set to expire on Jan. 29 as traders anticipate volatility in the rising cryptocurrency prices. Bitcoin options are contracts that give investors the right, but not the obligation, to buy or sell the cryptocurrency at a specified price within a stipulated time period. They have been witnessing huge demand, particularly among bullish investors.