IBIT surpasses Deribit with $38B in Bitcoin options open interest, reshaping crypto markets. Wall Street’s rise in Bitcoin options brings tighter spreads, deeper liquidity, and less volatility. Deribit, now owned by Coinbase, stays popular with crypto-native traders despite losing the top spot. BlackRock’s iShares Bitcoin Trust has overtaken Coinbase’s Deribit as the leading platform for Bitcoin options, signaling a shift in the center of gravity for crypto trading from offshore hubs to Wall Street. IBIT takes the lead Open interest […]
