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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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BlackRock’s IBIT Becomes Largest Bitcoin Options Market

BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Coinbase’s Deribit to lead the global Bitcoin options market. Following last Friday’s contract expirations, IBIT’s open interest in options climbed to nearly $38 billion, compared to $32 billion on Deribit. Traded on Nasdaq, the fund now manages $84 billion in assets, cementing its place as the world’s largest Bitcoin ETF. The milestone underscores the growing dominance of institutional products in shaping Bitcoin’s trading landscape.

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