The recent surge in popularity of Bitcoin has led to significant changes in the market, with BlackRock's ETF surpassing Deribit in crypto derivatives.
This shift marks a turning point in the sector's organization, as regulated markets continue to gain ground on offshore platforms.
According to recent data, IBIT options have reached an open interest of 27.61 billion dollars, surpassing Deribit's 26.90 billion dollars.
This rapid progress reflects the rise of regulated financial infrastructures in the United States, making it easier for traditional investors to access bitcoin-related derivative products.