The crypto exchange has introduced USD-settled options on Bitcoin and Ether, expanding its derivatives offering for professional and institutional traders.

Kraken has launched a suite of   b itcoin (BTC) and   e ther (ETH) options contracts, giving eligible professional and institutional clients access to crypto options trading on its platform.   The options are integrated into Kraken Pro, allowing clients to trade spot, futures and options from a single account The contracts are European-style and cash settled in US dollars. They are available for XBT/USD and ETH/USD with weekly, monthly, quarterly and semi-annual expiries. At l