BlackRock’s IBIT Becomes Largest Bitcoin Options Market

The post BlackRock’s IBIT Becomes Largest Bitcoin Options Market appeared first on Coinpedia Fintech News

BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Coinbase’s Deribit to lead the global Bitcoin options market. Following last Friday’s contract expirations, IBIT’s open interest in options climbed to nearly $38 billion, compared to $32 billion on Deribit. Traded on Nasdaq, the fund now manages $84 billion in assets, cementing its place as the world’s largest Bitcoin ETF. The milestone underscores the growing dominance of institutional products in shaping Bitcoin’s trading landscape.