Cboe, a major derivatives and securities exchange network, will launch cash-settled Bitcoin index options based on the CBTX index on December 2. This move aims to indirectly expose investors to Bitcoin via US spot Bitcoin ETFs. Mini options and customizable FLEX options will also be available at launch.
Cboe’s new offering marks a significant development in the world of cryptocurrency derivatives and aligns with the exchange’s broader digital assets strategy. The Cboe Bitcoin US ETF Index (CBTX) is a market cap-weighted benchmark designed to track the performance of a basket of Bitcoin ETFs listed on US exchanges, offering indirect exposure to spot Bitcoin.
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