Cboe to Launch First Cash-Settled Options for Spot Bitcoin-Linked ETFs on December 2 đ
#Cboe Global Markets will launch the first cash-settled index options tied to spot Bitcoin prices on December 2, 2024. These options will be based on the newly developed Cboe Bitcoin U.S. ETF Index (CBTX), which tracks the performance of spot Bitcoin ETFs listed on U.S. exchanges. The product suite includes standard options, mini index options (#MBTX ), and customizable FLEX options, all designed for cash settlement and European-style exercise.
This initiative provides investors exposure to spot Bitcoin price movements without holding the asset directly, expanding access to cryptocurrency derivatives. The launch aligns with Cboeâs broader strategy to enhance its digital asset offerings, which include Bitcoin and #Ether futures trading.
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