Open interest in options linked to BlackRock's IBIT nears $38 billion, now surpassing Deribit
according to Bloomberg, the value of outstanding options contracts linked to the Nasdaq-listed BlackRock iShares Bitcoin Trust (IBIT) has reached nearly $38 billion, surpassing the $32 billion value of outstanding contracts on Deribit. This means that IBIT has surpassed Deribit, owned by Coinbase, and has the largest scale of bitcoin options trading volume. Deribit was founded in 2016 and has been dominating the bitcoin options market for many years, while IBIT options opened in November last year and have been listed for less than a year.
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