CoinShares BTF Liquidation Sets Cash Payout And Earlier Options Expiry

TL;DR: CoinShares’ Bitcoin and Ether ETF has reached cash settlement. An OCC notice confirms the payout and brings later-dated BTF options forward to a November 20 expiry. The closing chapter for CoinShares’ Bitcoin and Ether ETF now comes with a precise cash amount and a deadline for outstanding options. The details matter because a fund can stop trading before every contract linked to it has expired. According to an October 22 notice from the Options Clearing Corporation , liquidation proceeds were distributed at $22.16255605 per BTF share. The adjusted deliverable for a standard options contract is $2,216.26 in cash, replacing its former share-based exposure. The BTF option symbol remains unchanged.

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