Cboe’s New Cash-Settled Bitcoin ETF Options: Could This Spark A Move Beyond $...
Cboe, the derivatives exchange for digital assets and securities trading, is set to make a big addition to the crypto landscape by launching the first cash-settled index options linked to Bitcoin’s (BTC) spot price movements. Scheduled to debut on December 2, these options will be based on the Cboe Bitcoin ETF Index, which tracks a selection of US-listed spot Bitcoin exchange-traded funds. What This Means For Traders The introduction of these options follows closely on the heels of Nasdaq’s recent listing of spot Bitcoin ETF options. This move allows US investors to utilize....
Related News
Cryptocurrency derivatives platform ErisX launched cash-settled bounded futures on Tuesday.
Goldman Sachs, facilitated by Galaxy Digital, purchased an over-the-counter options contract to be cash-settled, that is tied to the price of bitcoin.
Per a report from CNBC, banking giant Goldman Sachs has become the first U.S. bank to complete a cash-settled Bitcoin over-the-counter (OTC) transaction. The financial institution will officially announce this achievement in the short term, said the source cited by the mainstream media. Related Reading | Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via […]
The US-based futures with a 35% margin are settled in actual bitcoin instead of cash, eliminating the need for bilateral trades.
On January 21, the derivatives exchange by Matrixport, Bit.com, announced the launch of the first bitcoin cash perpetual swaps and options. The exchange says before the product launch there was no options market for bitcoin cash and the firm believes there’s room for improvement in this arena of crypto derivatives. Bit.com to Launch Crypto Economy’s First Bitcoin Cash Options Market Bit.com, one of the leading derivatives trading platforms developed by Matrixport, has revealed the exchange plans to launch bitcoin cash (BCH) perpetual swaps and options. The exchange detailed....