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BREAKING. 🚨
#Bitcoin
NEW ALL TIME HIGH $97,662🚀💹
Road to $150k.
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-1.37%
812
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🚨🇺🇲 Cboe to Launch Cash-Settled #Bitcoin Options on December 2 Cboe Global Markets has announced plans to introduce cash-settled Bitcoin options on December 2, 2024. These options will be based on the Cboe Bitcoin U.S. ETF Index, which tracks the performance of U.S.-listed spot Bitcoin exchange-traded funds (ETFs). The new offerings will include standard-sized contracts and smaller options representing one-tenth of the main contracts' value. Both will feature European-style exercises, allowing execution only on the expiration date. Rob Hocking, Cboe's Global Head of Product Innovation, stated, "Our new suite of options on the Cboe Bitcoin U.S. ETF Index offers a timely and compelling solution for traders to efficiently gain exposure to spot Bitcoin." This development follows the recent approval of options trading for several spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), reflecting the growing integration of cryptocurrency products into traditional financial markets
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