You can trade options on spot Bitcoin ETFs like iShares Bitcoin Trust (IBIT) or Fidelity Wise Origin Bitcoin Fund (FBTC) through traditional brokerage accounts.
Crypto.com and Nadex also offer CFTC-regulated crypto derivatives for U.S. retail users. Key Risks and Considerations can you buy options on bitcoin
These are often settled in Bitcoin or stablecoins and operate 24/7. You can trade options on spot Bitcoin ETFs
Strategies to Consider for Spot Bitcoin ETP Options - Charles Schwab Key Risks and Considerations These are often settled
Note: Many major crypto-native platforms are restricted in the U.S. due to regulations. :
: Unlike holding Bitcoin directly, options have an expiration date; their value naturally decreases as they get closer to that date (theta).
After working as a Corporate Bond Trader at Royal Bank of Scotland and a Fixed Income Salesperson at Australia & New Zealand Bank, Investopedia