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Bullish to Launch Crypto Options Trading on October 8, Offering Bitcoin Options Margined in USDC

Bullish’s upcoming Bitcoin options trading, set for launch on October 8, signals a growing crypto hedging trend, using USDC for collateral and offering flexible contract durations.

BTC
USDC

Summary

Bullish will debut Bitcoin options trading on October 8, featuring contracts priced and settled in USDC. These European-style options will be collateralized in USDC, with expirations ranging from three weeks to three months. Each contract represents 1 BTC. The launch expands Bullish’s offerings alongside spot, futures, and margin trading, with a unified margin system for risk management. Industry players such as Galaxy Digital and Wintermute are involved as trading partners.

Terms & Concepts
  • Unified Margin System: A system that allows traders to manage risk and collateral across different crypto products, including spot, futures, and options, within a single account.
  • European-style Options: Options contracts that can only be exercised at expiration, unlike American-style options, which can be exercised at any time before expiration.
  • Hedging Instruments: Financial products, like options, used to reduce risk by taking an offsetting position in the market.