BlackRock’s Bitcoin ETF Options Reach Significant Market Share
- IBIT options debuted on November 19.
- 2.16 million IBIT options contracts are open, with a notional value of $11 billion.
- This represents nearly 50% of Deribit’s $23 billion BTC options market.
- IBIT options are predominantly traded by U.S. retail investors.
- Deribit remains a global leader in risk and volatility management.
The IBIT options market has rapidly grown to nearly half the size of Deribit’s long-established BTC options market, with a notional value of $11 billion from 2.16 million contracts since its debut on November 19. This growth highlights the significant demand for regulated crypto products among U.S. investors.