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

2024-11-20 11:29

Odaily Planet Daily News: Regarding the rapid increase in trading volume after the listing of BlackRock IBIT options, Robert Mitchnick, head of digital assets at BlackRock, attended a conference yesterday and said, "Things happened too quickly. In order to enrich investor opportunities and absorb existing resources, we (BlackRock) still have a lot of work to do." The analysis pointed out that the derivative market of traditional assets can usually grow to 20 times the market value of the underlying asset. 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)

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