The cryptocurrency arm of the Chicago Board Options Exchange, Cboe Digital, is set to launch margined Bitcoin and Ether futures contracts on January 11, after receiving approval from the Commodity Futures Trading Commission (CFTC) in June.

A document that appeared to show BlackRock was launching a fund based on XRP, a supposed “iShares XRP Trust,” was posted on the official website of Delaware, where many investment trusts are incorporated, leading to a brief rally for the token.

Crypto.com's Dubai branch has received a Virtual Assets Service Provider (VASP) license, subject to operational approval, from Dubai's regulatory authorities.

Top stories in the Crypto Roundup today:

• Cboe Digital to Launch Margined Bitcoin and Ether Futures
• Fake XRP ETF Filing on Delaware Website Triggers Brief Trading Frenzy
• Crypto.com Receives Crypto License in Dubai
• Upbit Market Share Reaches All-time High as Trading Volumes Surge

Cboe Digital to Launch Margined Bitcoin and Ether Futures in January

The cryptocurrency arm of the Chicago Board Options Exchange, Cboe Digital, is set to launch margined Bitcoin and Ether futures contracts on January 11, after receiving approval from the Commodity Futures Trading Commission (CFTC) in June.

The move will see Cboe Digital become the first regulated U.S. platform to offer both spot and leveraged derivatives on a single platform. With margined futures, traders can use leverage to trade with more than their collateral, while regular futures do not allow them to take these positions.

The margined futures product is set to be supported by multiple trading firms, such as Marex, Cumberland DRW, B2C2, Jump Trading Group, BlockFills, and CQG. Following the acquisition of the trading platform ErisX, Cboe Digital added a group of cryptocurrency experts as equity partners in August.

Cboe competitor CME listed Bitcoin futures in December 2017, and became the second-largest BTC futures exchange after Binance in October.

Fake XRP ETF Filing on Delaware Website Triggers Brief Trading Frenzy

A document that appeared to show BlackRock was launching a fund based on XRP, a supposed “iShares XRP Trust,” was posted on the official website of Delaware, where many investment trusts are incorporated, leading to a brief rally for the token.

As XRP’s price surged more than 13%, BlackRock soon denied any involvement, leading the cryptocurrency to erase its gains and soon trade lower. The cryptocurrency’s sharp price movements saw XRP futures traders lose some $7.2 million.

How the filing ended up on the official Delaware website isn’t clear, but some have suggested an elaborate form using a BlackRock executive’s alias was used to replicate an actual filing.

Last week BlackRock filed for a spot Ethereum exchange-traded fund, with the paperwork showing up on the same Delaware website. That filing was genuine and boosted the price of ether as investors await the launch of spot crypto ETFs in the US.

Crypto.com Receives Crypto License in Dubai

Crypto.com's Dubai branch has received a Virtual Assets Service Provider (VASP) license, subject to operational approval, from Dubai's regulatory authorities.

In a recent press release, Crypto.com noted that once fully approved by Dubai’s Virtual Assets Regulatory Authority, its local entity CRO DAX Middle East FZE will be able to provide a range of services to retail and institutional investors, including exchange, broker-dealer, lending, and borrowing.

Crypto.com's CEO Kris Marszalek expressed enthusiasm about collaborating with regulatory authorities to enhance Dubai's cryptocurrency sector, recognizing the city as a frontrunner in developing effective cryptocurrency regulations.

The exchange identified Dubai as its central hub for the Middle East and North Africa region in March 2022.

Upbit Market Share Reaches All-time High as Trading Volumes Surge

Upbit experienced the most significant increase in market share among centralized exchanges in October to now represent 9.16% of the trading volume on these platforms.

This figure marks the highest market share for the Korean cryptocurrency exchange since it started operating, a growth attributed to the resurgence of interest and positive trends in the altcoin market in the previous month.

Conversely, Binance, HTX, and DigiFinex observed a decrease in their market shares. Binance's share dropped by 2.26% to 31.9%, HTX's fell by 1.42% to 4.52%, and DigiFinex's reduced by 1.20% to 4.72%.

Dig deeper into cryptocurrency trading with CCData’s latest Exchange Review report.

State of the Crypto by Top Tier Exchange Volume

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