The Chicago Board Options Exchange (Cboe) announced that it plans to restructure its digital asset business in the third quarter of 2024. The plan is to fully transition and integrate its current digital asset derivatives provided by the Cboe Digital Division into its existing global derivatives and settlement business. In addition, Cboe will cease operations of its Cboe Digital Spot Market, which is the company's digital asset trading platform, in the third quarter of 2024.

Cboe Digital has announced that it will launch Bitcoin and Ether margin futures trading on January 11, 2024, making it the first regulated crypto-native exchange in the US to offer both spot and leveraged derivatives trading on a single platform. Margin trading allows customers to trade futures without posting full collateral, increasing capital efficiency. Cboe Digital plans to expand into physically delivered products eventually, subject to regulatory approval. The industry is also waiting for a decision from the SEC on 12 applications for BTC spot exchange-traded funds.