CoinNetwork

According to Coindesk, Volmex data shows that last Friday, open interest in IBIT (BlackRock spot BTC ETF) options reached $27.61 billion, for the first time surpassing Deribit. This indicates that U.S. compliant derivatives are being quickly adopted by institutions. IBIT is more bullish, with longer-dated positions; the expected BTC price is about $109,709, with an expiration date around October 2026, which is two months later than Deribit's August 2026.

The New York Times investigation shows that Musk considers SpaceX as a savings account for nearly 20 years, borrowing $500 million from SpaceX at an interest rate of 1–3%, secured by SpaceX stock, in three loans from 2018 to 2020, with a 10-year repayment period, repaid in 2021, with interest of about $14 million; at 4%, the interest would be about $40 million. SpaceX is a private company and is not subject to the Sarbanes–Oxley Act. Additionally, Musk also used SpaceX resources to support related companies: in 2008, he lent $20 million to Tesla, and in 2015–2016, he bought $255 million of high-risk debt from SolarCity. Experts say such transactions constitute conflicts of interest and are detrimental to shareholders.