Crypto derivatives exchange Deribit is launching bitcoin and ether options that will expire in early November, allowing investors to bet on how the U.S. election session will affect crypto markets. 

“Based on client demand, we have decided to introduce the 8 November 2024 options expiry ahead of the regular introduction timing,” Deribit wrote on X. “The early introduction is aimed at enabling our clients to position themselves effectively for the upcoming 5 November US elections, speculate, hedge, and more.”

The trading products will go live on Thursday, July 18. 

Deribit is one of the most dominant crypto derivatives trading platforms. It saw over $2 billion in open interest across its perpetuals and futures markets in the past 24 hours, according to CoinGecko. The exchange …