Log in

News

Highly anticipated Bitcoin options have arrived

Updated: Aug 31, 2024
Published: Jan 12, 2020
0
Share:

Derivatives products have been being developed for Bitcoin since 2017 when we first saw Bitcoin futures on cryptocurrency exchanges like BitMEX and later on with the Chicago Mercantile Exchange (CME), the Chicago Board Options Exchange (CBOE) and Bakkt.

Post Feature Image

This week, another derivatives product has been launched for Bitcoin: options. These differ from futures contracts in the sense that they’ll give traders the “opportunity” to buy or sell the underlying asset at a pre-determined price and date, but are not obligated to do so like in futures trading. Call (buy) and put (sell) options allow traders to develop more sophisticated trading strategies. They can be used to speculate, but  can also be used to hedge their bets.

Bakkt launched BTC options in late 2019, but since the launch of the exchange as a whole, the open interest and trading volume has been low relative to the CME. Today, the new crypto-derivatives exchange FTX has launched options on their platform and the trading volume hit $1 million within the first two hours. Tomorrow, another exchange will be launching Bitcoin options, the CME. It has been said by a JPMorgan analyst that “This unusually strong activity over the past few days likely reflects the high anticipation among market participants of the option contract”.

New financial instruments have been being developed for Bitcoin for quite some time for institutional investors. Other digital assets have been left out of that scope however, which may explain Bitcoin 70% dominance in the cryptocurrency market. There were rumours that the CME might possibly list ETH futures of which we haven’t seen or heard any updates yet.

Image Licensed via Pixabay

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025