November 23, 2024
Cboe to Launch Cash-Settled Bitcoin (BTC) ETF Options, Following Nasdaq #NewsETFs

Cboe to Launch Cash-Settled Bitcoin (BTC) ETF Options, Following Nasdaq #NewsETFs

CashNews.co

Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges.

The options will be launched on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index, which tracks a basket of spot-Bitcoin exchange-traded funds listed in the US, Cboe said in a statement on Friday.

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