Cboe Global Markets announced on Friday that it’s planning to launch the first cash-settled index options tied to the pioneering cryptocurrency shortly after the Thanksgiving holiday. The new contracts are expected to begin trading on Dec.

Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges.

Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

Crypto investors are buzzing about this week’s debut of options on exchange-traded funds that hold bitcoin, as heavy volumes du

Bitcoin ETF options hit $2B on debut as BlackRock leads the charge. Grayscale follows suit, fueling Bitcoin’s rally to $93.8K and beyond.

Bitcoin is the largest cryptocurrency by market capitalization, and this new means of playing its price swings offers traders another way to make — and lose — a lot of money quickly. Here are five key tactics for Bitcoin traders looking to succeed in this volatile market.