NOVEMBER WAS A $10T FLEX, DERIVS FTW

$10.4T traded in Nov, mostly in derivs—up 100% from October.

Trump hype pumped Ripple and ETF vibes, CME Bitcoin options hit $5.54B (+152%); and

Upbit crushed it—358% spot trading rise—even with 600K KYC heat.

BlackRock ETFs slapped $425M on Day 1; reg vibes are bullish—centralized exchanges still dominate the game.