Hedge Volatility and Manage Risk Across Crypto Markets

Cboe Cryptocurrency Derivatives

Access to Cboe's growing toolkit of regulated, cash-settled crypto options and futures to efficiently gain Bitcoin and Ether exposure, hedge portfolio risk, and manage volatility.

Products at a Glance

OPTIONS

CBTX

Bitcoin U.S. ETF Index

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FUTURES

FBT

Financially Settled Bitcoin

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OPTIONS

MBTX

Mini Bitcoin U.S. ETF Index

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FUTURES

FET

Financially Settled Ether

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FUTURES

XBTF

FTSE Bitcoin Index

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Education

Navigating the Future: Cryptocurrency ETF and Indices

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Key Resources

Enhance your strategies with in-depth trading guides, product briefs, and real-world examples for effective crypto markets.

Latest Market Insights

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Access real-time market trends and macro updates that shape crypto performance. Gain timely perspectives to support your trading decisions.

SPX® Skew in the 99th Percentile High as Downside Risks Rise
Derivative Market Intelligence

SPX® Skew in the 99th Percentile High as Downside Risks Rise

Following this weekend’s strikes by the US, oil markets remain fairly stable as investors wait for Iran’s response. WTI 1M implied volatility surged to as high as 68% last week before ending the week at 51%. The WTI 1M implied-realized vol spread has halved from a high of 30 pts to 14 currently, as fears of significant oil supply disruption have abated somewhat. Notably, US inflation expectations have barely budged on this latest jump in oil prices, in sharp contrast to the 2022 Russia/Ukraine invasion.