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BlackRock Bitcoin ETF Options Open Interest Surpasses Deribit, Institutions Accelerate Entry
BroadChain learned that at 03:06 on April 26, according to CoinDesk, the open interest of options for BlackRock's Bitcoin ETF (IBIT) surpassed Deribit on Friday, marking a rapid influx of institutional funds into the US regulated crypto derivatives market. This milestone indicates that Bitcoin has officially transitioned from a fringe asset to a mainstream investment portfolio.
Related Coins: IBITBTC