<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/ed806237-bcdd-4daf-8998-9059d5ee965d.jpg"></p><p>Open interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment?</p>