Kraken Brings BTC and ETH Options to EEA under Cyprus Licence

Kraken has opened Bitcoin and Ether options trading to eligible clients in the European Economic Area through Kraken Pro, using the MiFID licence held by the Cypriot investment firm it acquired in 2025.London's trading industry is coming home!Clients can now access options alongside spot and futures from the same interface and use a shared pool of collateral, although the products are provided by separate regulated entities within the Kraken group.

The offering covers European-style options on XBT/USD and ETH/USD, with weekly, monthly, quarterly and semi-annual expiries.

The contracts are cash-settled and denominated in US dollars, meaning their premium, profit and loss, and final settlement are calculated in dollars rather than delivered in Bitcoin or Ether.

Trading Starts through Private Quotes Kraken is initially offering the contracts through a request-for-quote system rather than a public order book.

A client can assemble a trade containing up to five components, request prices and accept one of the time-limited quotes received.

Once accepted, the transaction is binding.

The structure is intended to support both individual options and multi-leg strategies without requiring each component to be executed separately in an open market.

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