The scale of BlackRock's Bitcoin ETF options has grown rapidly since its launch, accounting for nearly 50% of Deribit's open interest

Bitget2025/01/14 11:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to CoinDesk, BlackRock's Bitcoin spot ETF (IBIT) options have grown rapidly since their launch on November 19, 2024. The current open contracts have reached 2.16 million, with a nominal value of $11 billion, accounting for about 50% of Deribit's Bitcoin options market ($23 billion).

In an interview, Deribit CEO Luuk Strijers stated that IBIT options mainly serve the group of U.S. retail investors who were previously unable to enter Deribit. Not only has it not impacted its business but also brought positive effects to institutional participants by creating new arbitrage opportunities and risk hedging strategies. He added that IBIT option trading is mainly concentrated in short-term contracts, reflecting the market demand for low-premium options.

Cryptocurrency derivatives protocol Volmex Finance pointed out that due to BlackRock's Bitcoin ETF having compliance advantages as a basic asset, IBIT options are attracting U.S. institutional investors and retail investors who prefer regulated markets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26