Cboe Is Launching Margined Bitcoin And Ether Futures In January
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Cboe Is Launching Margined Bitcoin And Ether Futures In January

  • Cboe Digital is planning to launch trading and clearing in margin futures on BTC and ETH on January 11, 2024.
  • The launch will be supported by B2C2, Cumberland, Jump Trading, Marex, Wedbush and others.

In January, Cboe plans to launch margin futures for bitcoin and ether.

“With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform,” Cboe said in a statement on Monday.

Cboe also intends to expand its crypto derivatives suite and introduce “physically delivered products at a later date, subject to regulatory approvals,” according to the news release. Cboe already offers spot futures trading in bitcoin, bitcoin cash, ether, litecoin, and USDC.

Read Also: Chicago Mercantile Exchange (CME) Overtakes Binance In Bitcoin Futures

“We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market’s continued growth,” said Cboe Digital President John Palmer in a statement.

The debut will be supported by crypto trading businesses B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading Group, Marex, StoneX Financial, Talos, tastytrade, Trading Technologies, and Wedbush, according to Cboe.

“Cboe Digital’s offer in providing secure access to regulated futures markets is key to maturing this nascent asset class and enabling broader institutional participation,” said Chris Zuehlke, Cumberland DRW’s worldwide head.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.