📊BlackRock surpasses Deribet as the largest Bitcoin options platform.
BlackRock, through its iShares Bitcoin Trust (IBIT), has become the largest destination for Bitcoin options contracts, surpassing Deribet, which had long been the market leader.
According to data reported by Bloomberg, the open interest in IBIT-related options reached approximately $38 billion, while Deribet recorded approximately $32 billion.