In brief from the Cboe announcement on Friday afternoon US time:
The first cash-settled index options related to the price of spot Bitcoin
Options are based on the new Cboe Bitcoin U.S. ETF Index, designed to reflect the performance of spot Bitcoin ETFs listed on U.S. exchanges
Options on standard and mini index, as well as FLEX options contracts, available at launch
Provides exposure to spot Bitcoin price movements through options, expanding investor access to crypto derivativesBeginning Monday, December 2 SEC-regulated
More info at the link.
This follows the listing of spot-Bitcoin ETF options on Nasdaq last week.
Bitcoin update, close to US$100K but not there yet:
This article was written by Eamonn Sheridan at www.forexlive.com.
