Cboe To Launch Cash-Settled Bitcoin Index Options
Posted On November 22, 2024
Cboe Global Markets Inc. (BATS:CBOE) has announced plans to introduce the first-ever cash-settled index options tied to Bitcoin‘s (CRYPTO: BTC) spot price.
What Happened: These new financial instruments are scheduled for launch on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index, which tracks a selection of spot Bitcoin exchange-traded funds (ETFs) listed in the United States.
The move is part of a broader trend of integrating cryptocurrency-related securities into traditional financial markets.
This announcement comes shortly after Nasdaq began listing spot Bitcoin ETF options …
About The Author
