Market analyst James Van Straten suggests that derivatives, such as options contracts, will drive Bitcoin's market capitalization to at least $10 trillion. He believes that derivatives will not only attract more institutional investors but also effectively mitigate the inherent volatility of the digital currency market. Van Straten cites the record-breaking open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) as an example of a significant shift in market structure. He attributes this phenomenon in part to the widespread use of systematic volatility selling strategies, such as covered call options, reflecting the increasing liquidity and maturation of the Bitcoin derivatives market. He also notes that lower volatility has a two-way impact: while it mitigates the sharp declines common in the crypto market, it also reduces the high-yield surges that investors are accustomed to.