Analysis: BlackRock IBIT options may expand the coverage and functionality of BTC-related financial products

Odaily News Regarding the rapid growth in trading volume after the listing of BlackRock IBIT options, Robert Mitchnick, head of digital assets at BlackRock, said at a meeting yesterday: "Things happened too fast. In order to enrich investor opportunities and absorb existing resources, we (BlackRock) still have a lot of work to do." Analysis points out that the derivatives market of traditional assets can usually grow to 20 times the market value of the underlying assets. If Bitcoin derivatives follow a similar trajectory, the listing of IBIT options may greatly expand the coverage and functionality of Bitcoin-related financial products. (benzinga)