Kraken Launches Bitcoin and Ethereum Options for Eligible European Economic Area Clients

Kraken has opened Bitcoin and Ether options to eligible EEA clients through their existing Kraken Pro derivatives accounts on both web and mobile platforms. The new contracts use USD‑settled cash settlement, with premiums, profits, and losses calculated in U.S. dollars regardless of the collateral currency. Options share the same futures collateral pool and come with portfolio margin enabled by default, allowing offsetting positions to reduce required margin. Contracts range from weekly to semiannual maturities and accept over 30 currencies as collateral. Buyers face the risk of losing the entire option value, while sellers may incur unlimited losses beyond posted margin. The rollout follows an earlier launch for professional and institutional clients in July and confirms availability in all EEA countries where Kraken offers derivatives, pending an options appropriateness assessment. Reason: