Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners
Bullish, the NYSE-listed digital assets platform, will launch bitcoin options trading on October 8, with offerings margining and settling in USDC. This initiative is driven by rising demand for hedging instruments in the crypto sector and will feature European-style options with contract expiries from three weeks to three months. The platform's unified margin system will enable efficient trading across spot, futures, and options markets, promoting capital efficiency for institutional investors. Bullish plans to expand its options offerings to include ether and indices like CoinDesk 20 and 5 in the future. Notably, the project has garnered support from an array of leading trading partners, enhancing liquidity and price discovery in the market. Overall, this move underscores Bullish's commitment to providing a comprehensive derivatives product suite that caters to the evolving needs of institutional clients amidst a growing market for crypto derivatives.
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