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Kraken expands crypto options access with linear USD‑settled BTC and ETH

Covered by 2 sources · 2 articles

2 outlets - including Financemagnates and Crypto-economy - are covering this story. Kraken has launched cash-settled, USD-denominated options on BTC and ETH with portfolio margin enabled by default, entering a segment of the crypto derivatives market where Coinbase and CME Group have also been expanding their positions. Kr…

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Finance Magnates Crypto Jul 16, 20:05 UTC

Kraken Launches USD-Settled Crypto Options for Institutional Traders

Kraken has launched cash-settled, USD-denominated options on BTC and ETH with portfolio margin enabled by default, entering a segment of the crypto derivatives market where Coinbase and CME Group have also been expanding their positions. Kr…

Kraken expands crypto options access with linear USD‑settled BTC and ETH
Crypto Economy Jul 16, 18:41 UTC

Kraken expands crypto options access with linear USD‑settled BTC and ETH

TL;DR: Kraken introduces European-style, US dollar (USD)-settled options contracts for Bitcoin (BTC) and Ether (ETH). Initial access is enabled through the request-for-quote (RFQ) system within the Kraken Pro platform. Settlement is perform…