WisdomTree Bitcoin Fund (BTCW) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

WisdomTree Bitcoin Fund (BTCW) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $169.0M, listed on CBOE, carrying a beta of 2.19 to the broader market. In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily based on the value of bitcoin as reflected by the CME CF Bitcoin Reference Rate – New York Variant (the “Reference Rate”), which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot platforms. public since 2024-01-11.

Snapshot as of May 15, 2026.

Spot Price
$83.60
Call OI
121
Put OI
36
Total OI
157

As of May 15, 2026, WisdomTree Bitcoin Fund (BTCW) has 157 total contracts outstanding across all expirations. Put/call OI ratio is 0.30 (call-heavy positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How BTCW open interest history Data Feeds Strategy Selection

Strategy selection on WisdomTree Bitcoin Fund options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 39.0% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how open interest is reported and how to read the data →

Frequently asked BTCW open interest history questions

What is the current BTCW options open interest?
As of May 15, 2026, WisdomTree Bitcoin Fund (BTCW) has 157 total contracts outstanding across all listed expirations, split as 121 calls and 36 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the BTCW put/call open interest ratio?
Put/call OI ratio of 0.30 is call-heavy, often a directional bullish or upside-speculation signal.
What does BTCW open interest tell traders?
Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.