The Options Clearing Corporation said in an October 22 notice that BTF liquidation proceeds were distributed at $22.16255605 per share. A standard BTF options contract now delivers $2,216.26 in cash instead of shares, although its symbol is unchanged.
OCC said series previously set to expire after November 20, 2026, will expire on that date; earlier expirations are unchanged. Existing American-style options remain exercisable before expiry, with exercised contracts settling in one business day. The cash deliverable means later Bitcoin or Ether price moves do not restore the contracts’ former fund exposure.
