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.
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“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.
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