Kraken launches USD-settled Bitcoin and Ether options to boost derivatives adoption

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Crypto exchange Kraken has introduced USD-settled options contracts for Bitcoin and Ether, marking a new step in its derivatives offerings. The Wyoming-based company believes that poor product design, rather than a lack of investor interest, has been the primary barrier to wider crypto derivatives adoption. By simplifying the structure of its options products, Kraken aims to make derivatives more accessible to a broader range of traders. The firm sees this launch as a potential catalyst for unlocking significant growth in the crypto derivatives market.

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