ChainCatcher news, according to market news, the Chicago Board Options Exchange (CBOE) plans to launch its first cash-settled options product linked to spot Bitcoin next week, expected on Monday, December 2.

ChainCatcher news, according to The Block, JPMorgan analysts indicate that Mt. Gox creditors are expected to sell some of their Bitcoin receivables next month, which could put pressure on the cryptocurrency market, but a recovery may begin in August. Mt. Gox creditors will receive 142,000 Bitcoins from July to October, worth approximately $9 billion at current prices.Despite the October deadline, JPMorgan analysts believe that most repayments will occur in July. FTX creditors are also expected to receive repayments in the coming months, but these repayments will be in cash rather than providing physical repayments to Gemini and Mt. Gox creditors. Analysts state that these repayments from FTX could support the cryptocurrency market and may reinvest the funds into assets.

ChainCatcher news, MicroStrategy founder and executive chairman Michael Saylor stated in a radio interview that the market should not underestimate the significance of the upcoming Bitcoin spot ETF, which could be the biggest development on Wall Street in 30 years.He explained that mainstream investors have not yet had a "high bandwidth" compliant channel to invest funds into Bitcoin, and all of this will change with the emergence of the spot ETF. This new investment tool will trigger a demand surge for Bitcoin, which will drive a major bull market for Bitcoin next year.