The Chicago Board Options Exchange (CBOE) plans to launch its first cash-settled options product linked to spot Bitcoin next week, with an expected launch date of Monday, December 2nd 📅. This is a new attempt by CBOE in the field of cryptocurrency financial products, aimed at providing investors with more diversified trading options.

The launch of this product may impact market liquidity while also providing investors with a new tool to hedge against Bitcoin price volatility 🔧. However, investors should remain cautious when participating in such products and fully understand the associated risks.

Overall, this innovative initiative demonstrates the ongoing attention and exploration of traditional financial institutions in the cryptocurrency market 👀.