Crypto derivatives exchange Deribit plans to launch options contracts on Bitcoin and Ether expiring in November.
These options will allow investors to speculate on how the US election session may affect the cryptocurrency market.
In response to customer demand, Deribit has decided to introduce the November 8, 2024 expiration ahead of schedule.
This early introduction will allow clients to effectively position themselves for the upcoming US election on November 5, providing the opportunity to speculate, hedge and more.
The new trading products will be available on Thursday, July 18.