Anchorage Digital filed through its subsidiary Anchorage Digital Swap Dealer, LLC, with the National Futures Association now reviewing the application. CEO Nathan McCauley declined to estimate timing for approval. If approved, the firm plans to offer European-style bitcoin and ether options with maturities up to one year, with more products to follow. The entity would face CFTC capital, risk management, and margin requirements under the Dodd-Frank framework. Anchorage said public companies holding bitcoin and ether have driven growth in its existing options business, but declined to disclose volumes.

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