BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet

IBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S. What to know : IBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S. Positioning differs across markets: IBIT flows appear slightly more bullish than Deribit's BTC options. Despite similar scale, IBIT and Deribit cater to different investor bases.