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Scott Melker: IBIT ETF options open interest surpasses Deribit in market size
Scott Melker, Owner and Content Creator at https://x.com/scottmelker, points out that IBIT ETF options open interest has just surpassed Deribit, a major offshore crypto exchange.
Melker notes the irony that the ETF, which was initially disliked by so-called 'maxis', is now larger than the offshore exchange many of them used. He concludes with a reflection: "We lost the war we won."
Melker has previously highlighted hidden fears among banks regarding Bitcoin and crypto in a recent report. He has also covered developments in the Ethereum ecosystem, including the launch of the EEZ project by the Ethereum Foundation, Gnosis, and Zisk to address Layer 2 fragmentation in another article. These topics reflect Melker’s ongoing focus on the intersection of traditional finance and cryptocurrency infrastructure.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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