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Bitcoin Options Trading Launches with Zero Fees, 14 Partners

10/4/2025

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Summary

Story summary

Bullish will launch Bitcoin options trading October 8, with 14 institutional partners.
Regulatory approval allows operations in 20 United States states, including New York and California.
Zero trading fees for institutional and advanced traders attract hedge funds and fintechs.
Options are margined in USDC with three-week to three-month expirations. Analysts see clustering around $100k–$120k amid inflows from exchange-traded funds (ETFs).

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Story summary

Bullish will launch Bitcoin options trading October 8, with 14 institutional partners.
Regulatory approval allows operations in 20 United States states, including New York and California.
Zero trading fees for institutional and advanced traders attract hedge funds and fintechs.
Options are margined in USDC with three-week to three-month expirations. Analysts see clustering around $100k–$120k amid inflows from exchange-traded funds (ETFs).