Cboe Global Markets is set to launch cash-settled options tied to spot Bitcoin (BTC) on Dec. 2, according to a 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, and aim to provide investors exposure to spot Bitcoin price movements without directly owning crypto.
The launch comes after US regulators approved Bitcoin options earlier this month.
