Blackrock's XRP ETF. Photo by BeInCrypto BlackRock's Bitcoin ETF is currently the largest venue for BTC options trading, reaching a whopping $38 billion in open interest. The product surpassed Deribit, a derivatives exchange owned by Coinbase, to achieve this goal. This record could serve as a bullish data point for crypto ETFs, as IBIT was better-equipped to deal with setbacks last month. Still, in the long run, a TradFi takeover could cut into crypto margins. Bitcoin Options Have a New King With Bit ...