Cboe Digital launches margined Bitcoin and Ether futures, completes successful first trade

Cboe Digital announced it successfully launched margined Bitcoin and Ether futures and completed its first margined Bitcoin futures trade.

With support from Blockfills, DV Trading LLC, Jump Trading Group, Marex, Toa Capital Partners and Wedbush in executing these trades, Cboe Digital becomes the first U.S. regulated crypto native exchange and clearinghouse to offer both spot and leveraged derivatives trading on a single platform.

“As an exchange and clearinghouse, this is a significant milestone for Cboe Digital and its vision to unify the crypto spot and futures market,” said John Palmer, President of Cboe Digital. “The future of crypto is at an exciting juncture and as more investors look to participate in this asset class, we expect to see greater demand for derivatives to help manage their crypto exposures, hedge risk and enhance capital and operational efficiencies. We are grateful for the hard work from our intermediaries, partners and team members that got us here and look forward to continuing working with them to help drive the market’s growth.”

Following its launch of financially settled margined contracts on Bitcoin and Ether, Cboe Digital plans to expand its product suite to include physically delivered products, pending regulatory approval.

Cboe Digital’s unified spot and derivatives trading platform is designed to allow customers to easily access both markets. Operating this integral exchange and clearinghouse model also enables Cboe Digital to potentially bring more unique and groundbreaking offerings to the crypto markets.