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Author: Admin | 2025-04-27
“options expiration.” Given their lack of profitability, traders have chosen to sell futures contracts to offset their losses.Although options and futures are often conflated, they are different instruments. Options offer traders the flexibility to buy or sell an asset at a specific price and time, while futures contracts obligate the holder to purchase the asset at a predetermined price on a specific date.Both categories of positions can be closed prior to their due date, and this is precisely what has transpired with Bitcoin futures over the past 24 hours.Coinbase To List Bitcoin FuturesIn other news, crypto exchange Coinbase was authorized to launch Bitcoin futures trading on its platform.This marks a significant milestone, positioning Coinbase as the first U.S. crypto exchange with the capability to provide fully regulated cryptocurrency futures to investors, supplementing the existing spot trading activities on the platform.Shares of COIN have risen about 4% on the news.This development brings forth an air of excitement among enthusiasts of cryptocurrency.The Commodity Futures Trading Commission authorized Cboe Global Markets to offer Bitcoin futures contracts in June 2022. Before that, only collateralized contracts for Bitcoin and Ether were accessible through Cboe Digital.This limitation implied that investors were incapable of utilizing leverage—borrowed funds—to trade Bitcoin or Ether futures on an accredited exchange. However, the favorable ruling for Cboe last June transformed the markets—making today’s pricing action possible.
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