Cboe unveils cash-settled spot Bitcoin options tied to ETF index

Cboe unveils cash-settled spot Bitcoin options tied to ETF index
фото показано с : cryptoslate.com

2024-11-22 20:51

Cboe Global Markets is set to launch the first cash-settled options tied to the price of spot Bitcoin (BTC), with trading set to begin on Dec. 2, according to a Nov. 22 press release.

These options will be based on the Cboe Bitcoin Us ETF Index (CBTX), designed to reflect the performance of spot Bitcoin ETFs listed on US exchanges.

The landmark product aims to provide investors with exposure to spot Bitcoin price movements without directly holding the crypto. The launch comes days after US regulators gave Bitcoin options the final greenlight earlier this month.

The launch includes standard and mini index options, along with customizable FLEX options, offering a range of tools to capitalize on price movements, manage risk, and express market views.

Approach to Bitcoin Options

The Cboe Bitcoin US ETF Index is the first of its kind in the US. It leverages a modified market cap-weighted approach to track the performance of spot Bitcoin ETFs. By mirroring spot Bitcoin price trends, the index offers a representative measure of the asset.

The options will feature cash settlement, ensuring positions are closed in cash at expiration, removing the complexities of Bitcoin ETF delivery. Additionally, the European-style exercise mechanism allows options to be executed only on the expiration date, minimizing early assignment risks.

Mini options, under the ticker MBTX, will be available at 1/10th the notional value of the standard index options, appealing to portfolios of varying sizes and offering flexibility for smaller traders.

FLEX options will provide customization for exercise prices, styles, and expiration dates, catering to sophisticated trading strategies.

Expanding into digital assets

The introduction of these Bitcoin options aligns with Cboe’s broader strategy to enhance its digital asset derivatives portfolio.

The exchange already supports Bitcoin and Ethereum margin futures on its digital platform. Pending regulatory approval, these futures are expected to transition to the Cboe Futures Exchange in 2025.

Adam Inzirillo, Global Head of Data and Access Solutions at Cboe, said:

“This launch underscores the strength of Cboe’s ecosystem, integrating data, indices, and innovative products to meet diverse investor needs.”

Cboe remains at the forefront of digital asset market evolution, listing the majority of US spot Bitcoin and Ethereum ETFs.

The post Cboe unveils cash-settled spot Bitcoin options tied to ETF index appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95960.75 (+1.93%)
Объем 24H $54.752b
Изменеия 24h: 1.24 %, 7d: -10.52 %
Cегодня L: $93321.34 - H: $95960.75
Капитализация $1900.073b Rank 1
Цена в час новости $ 99412.12 (-3.47%)

bitcoin options cboe spot index etf tied

Источник: cryptoslate.com

bitcoin options → Результатов: 126


BlackRock’s Bitcoin ETF options brings in nearly $2b in trade on day one

Bitcoin hit a record of more than $94,000 following the launch of options contracts on BlackRock’s IBIT 289,000 contracts were Calls and 65,000 were Puts, meaning investors were bullish on a Bitcoin price rise Joe Constori said the market is bullish that Bitcoin’s price will reach $100,000 by the end of 2024 Options contracts on […] The post BlackRock’s Bitcoin ETF options brings in nearly $2b in trade on day one appeared first on CoinJournal.

2024-11-20 14:45


Фото:

Surge in Bitcoin open interest signals possible increase in volatility

Quick Take The incessant influx of disheartening news into the Bitcoin ecosystem continues to cast a shadow over the Bitcoin market, pushing its price further into the red. This downward trajectory is underscored by the options 25 delta skew (1-week), indicating that put options are not only trading at a premium but are also on […] The post Surge in Bitcoin open interest signals possible increase in volatility appeared first on CryptoSlate.

2023-6-15 16:24


After Taking Profits, the Infamous $36k Bitcoin Options Call Buyers Reposition to Higher Levels

Deribit meanwhile added Bitcoin options contracts with a $400k strike price with Dec. 21 expiry. Amidst this Dan Morehead of Pantera Capital is calling for $115,000 by August 2021. The post After Taking Profits, the Infamous k Bitcoin Options Call Buyers Reposition to Higher Levels first appeared on BitcoinExchangeGuide.

2021-1-15 21:00


Фото:

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts.

2020-10-20 20:15


Huobi Futures to launch bitcoin (BTC) options trading in Q3

Following the successful launch of Perpetual Swaps in Q2 of this year, Huobi Futures will be aiming to launch Bitcoin Options Trading in Q3. Bitcoin Options are a form of financial derivative that gives the trader the right, but not the obligation, to buy or sell Bitcoin at a specific price at a certain date […] CryptoNinjas: Huobi Futures to launch bitcoin (BTC) options trading in Q3

2020-7-15 22:17


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Institutions absorb 8 years’ worth of Bitcoin issuance in 2024

Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4. 3% of its total circulating supply, according to a K33 Research report. The majority of the amount was purchased by spot exchange-traded funds (ETFs) and public-listed companies like MicroStrategy.

Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues

Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17.   The platform, dubbed Project Dama 2, represents the German banking giant’s attempt to harness blockchain technology’s potential while minimizing risks associated with public ledgers, which can often inadvertently transact […] The post Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues appeared first on CryptoSlate.

Robinhood Crypto marks milestone year with $38 billion in assets and European expansion

Robinhood Crypto celebrated a pivotal year in 2024, marked by significant milestones, including the launch of new features, geographic expansions, and the enhancement of its crypto offerings. According to a recent announcement, the company ended the year with $38 billion in crypto assets under custody and $119 billion in notional crypto trading volume over the […] The post Robinhood Crypto marks milestone year with $38 billion in assets and European expansion appeared first on CryptoSlate.

Ethereum supply squeeze and ETF demand set stage for $5,000 breakout

Ethereum (ETH) may be poised to break the $5,000 mark for the first time, according to blockchain analytics platform CryptoQuant. In its recent weekly report shared with CryptoSlate, the platform’s latest report highlights critical supply-demand trends and network conditions that could drive this upward momentum.

Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote

Microsoft shareholders voted against the proposal to add Bitcoin (BTC) to its treasury in a preliminary vote conducted during the firm’s annual meeting. The proposal, introduced by the think tank and shareholder National Center for Public Policy Research (NCPPR), involved Microsoft considering allocating 1% of its treasury to BTC, which is roughly $800 million per […] The post Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote appeared first on CryptoSlate.