BlackRock的IBIT主導比特幣選項：加密貨幣的新時代？

貝萊德（Blackrock）的IBIT ETF在比特幣選項中超過了deribit，這表明華爾街對加密貨幣的影響不斷增長。探索趨勢和見解。

BlackRock's IBIT Dominates Bitcoin Options: A New Era for Crypto?

BlackRock的IBIT主導比特幣選項：加密貨幣的新時代？

BlackRock's IBIT ETF has surged to the forefront of Bitcoin options trading, overtaking Deribit. This shift highlights Wall Street's growing influence and the evolving landscape of crypto finance. Is this the start of a new era?

BlackRock的IBIT ETF飆升至比特幣期權交易的最前沿，超過了deribit。這種轉變凸顯了華爾街日益增長的影響力和加密貨幣不斷發展的景觀。這是新時代的開始嗎？

IBIT Takes the Crown

ibit奪冠

In a landmark shift, BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed Deribit, long the dominant offshore hub, to become the leading venue for Bitcoin options. Open interest in IBIT options reached nearly $38 billion, exceeding Deribit’s $32 billion after a recent contract expiry. This rapid ascent, less than a year after IBIT launched options trading in November 2024, underscores a significant power shift in the crypto world.

在具有里程碑意義的轉變中，貝萊德的iShares比特幣信託基金（IBIT）超過了deribit，長期以來是占主導地位的海上樞紐，成為比特幣選擇的領先場所。 IBIT期權的開放利息達到了近380億美元，在最近的合同到期後超過了Deribit的320億美元。這次快速上升是在2024年11月IBIT推出期權交易不到一年後，強調了加密貨幣世界的重大動力轉移。

Wall Street's Growing Influence

華爾街日益增長的影響力

This development isn't just about numbers; it signifies a broader structural transformation. Liquidity is increasingly flowing towards regulated products at the heart of US financial markets. The rise of IBIT reflects Wall Street's increasing participation in Bitcoin options, bringing substantial capital and trading expertise to the table. This influx of traditional finance players is contributing to tighter spreads, deeper liquidity, and greater market efficiency.

這種發展不僅僅是數字。它表示更廣泛的結構轉換。流動性越來越多地流向美國金融市場核心的受監管產品。 IBIT的興起反映了華爾街對比特幣選擇的日益參與，從而使大量資本和交易專業知識成為現實。傳統金融參與者的這種湧入正在促進差異，更深的流動性和更高的市場效率。

The ETF Liquidity Cycle

ETF流動性週期

IBIT’s success story is also a tale of rapid growth and strategic pricing. As the world’s largest Bitcoin exchange-traded fund, managing over $87 billion in assets, IBIT has benefited from a reinforcing cycle: rising liquidity attracts institutional flows, which in turn fuels deeper market participation. Its initial low expense ratio further accelerated its growth, making it the fastest-growing ETF in history.

Ibit的成功故事也是快速增長和戰略定價的故事。作為全球最大的比特幣交易所交易基金，管理超過870億美元的資產，IBIT從一個加強週期中受益：流動性上升吸引了機構流量，這反過來又促進了更深的市場參與。其初始的低費用比率進一步加速了其增長，使其成為歷史上增長最快的ETF。

Deribit's Enduring Appeal

Deribit的持久吸引力

Despite IBIT’s rise, Deribit remains a key player, particularly among crypto-native traders. Acquired by Coinbase, Deribit continues to attract those seeking flexibility and an offshore operating model. While regulated products now anchor the bulk of institutional interest, offshore venues still cater to speculative activity, potentially creating two parallel ecosystems.

儘管伊比特（Ibit）上升了，但Deribit仍然是關鍵人物，尤其是在加密本地交易者中。 Deribit被Coinbase收購，繼續吸引那些尋求靈活性和海上操作模型的人。儘管受監管的產品現在錨定了大部分機構興趣，但海上場地仍然適合投機活動，可能會產生兩個平行的生態系統。

Looking Ahead

展望未來

The ability to hedge exposure through a regulated venue is proving a powerful draw for treasurers and asset managers. This shift could lead to a dampening effect on Bitcoin's notorious volatility, potentially making it a more palatable asset for mainstream investors.

通過受監管的場地對沖曝光的能力證明了財務主管和資產經理的有力吸引力。這種轉變可能會導致對比特幣臭名昭著的波動的衰減影響，這可能使其成為主流投資者更可口的資產。

So, what does this all mean? Well, it seems Bitcoin is growing up and getting a little more mainstream, thanks to players like BlackRock. Whether you're a seasoned crypto veteran or just dipping your toes in the water, it's an exciting time to watch how these trends unfold. Onwards and upwards!

那麼，這全是什麼意思？好吧，由於貝萊德（Blackrock）等球員，比特幣似乎正在成長，並獲得了更多的主流。無論您是經驗豐富的加密貨幣老兵還是只是將腳趾浸入水中，這都是一個令人興奮的時刻，可以觀察這些趨勢的發展。向前和向上！