Kraken opens Bitcoin and Ethereum options to eligible European traders

Eligible traders in the European Economic Area can now trade Bitcoin and Ethereum options through their existing Kraken Pro derivatives accounts on web and mobile, Kraken announced Oct. 26. The contracts use the collateral already supporting their futures positions. That extends an options rollout Kraken began in July for eligible professional and institutional clients. At that point, European access was scheduled for later in 2026. The October announcement confirms availability in EEA countries where Kraken offers derivatives, with an options appropriateness assessment required before trading. The contracts are cash-settled. Premium, profit and loss, and final settlement are calculated in U.S.