CBOE, one of the leading derivatives exchanges in the world, has just announced the launch of options products related to Bitcoin Spot ETFs, expected to begin trading on December 2, 2024. This is the first index in the U.S. designed to track the performance of Bitcoin Spot ETFs with the following highlights:
+ Provides an opportunity to access Bitcoin price volatility without the need to directly own the asset.
+ Options use a cash-settled mechanism, simplifying the trading process and avoiding issues related to the transfer of actual Bitcoin.
+ A flexible product, allowing adjustments to terms to suit both institutional investors and small retail investors.