CoinShares BTF liquidation triggers cash payout and new options deadline

Community Trust Score Verified 95 % Real Verified 21 votes Updated 7 minutes ago CoinShares’ Bitcoin and Ether ETF (BTF) has reached cash settlement, with liquidation proceeds distributed at $22.16255605 per share. An October 22 notice from the Options Clearing Corporation (OCC) confirmed the payout and established a new timeline for outstanding options contracts. The OCC notice specifies that the adjusted deliverable for a standard options contract is $2,216.26 in cash. This amount replaces the former share-based exposure, meaning the contract now references a defined cash deliverable rather than an operating crypto fund.