BlockBeats News, September 30th, according to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed Deribit, owned by Coinbase Global Inc., to become the world’s largest Bitcoin options trading venue, highlighting the shift of the digital asset market’s center of gravity from offshore platforms to Wall Street.
After the contract expiration last Friday, the scale of open options contracts associated with IBIT, listed on Nasdaq, was close to $38 billion, while Deribit had $32 billion in open contracts. Since its establishment in 2016, Deribit has been dominating the Bitcoin options market for many years. This milestone comes within less than a year since IBIT launched options trading in November last year.
