$2.6 billion worth of Bitcoin and Ethereum options set to expire today, with a focus on utility protocols as traders prepare for future moves

Approximately 32,000 Bitcoin and 184,000 Ethereum options are set for expiry today. Despite Bitcoin staying above $70,000, the put-to-call ratio signals bearish sentiment among traders, reflecting protective measures against market fluctuations.

Investors are increasingly interested in utility protocols that offer decentralized financial services. Mutuum Finance exemplifies this trend, having raised over $20.7 million and moving toward launching its lending ecosystem by implementing robust security measures.