{"id":8752,"date":"2026-04-30T05:51:55","date_gmt":"2026-04-30T05:51:55","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8752"},"modified":"2026-04-30T05:51:55","modified_gmt":"2026-04-30T05:51:55","slug":"bullish-links-with-ripple-prime-to-unlock-bitcoin-options-for-institutions","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8752","title":{"rendered":"Bullish Links With Ripple Prime to Unlock Bitcoin Options for Institutions"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_6880168a99d373e8863ac724b54a7d24\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Crypto exchange Bullish has expanded its integration with Ripple Prime, giving institutional clients access to Bitcoin options trading alongside existing spot and derivatives services.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The move supports collateral like Ripple\u2019s new stablecoin, RLUSD, and will boost capital efficiency for institutional investors through cross-venue margining.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>More than 300 institutional users of Ripple\u2019s brokerage platform, Ripple Prime, can now trade Bitcoin options using stablecoins through an integration with the Bullish crypto exchange.\u00a0<\/p>\n<p>Ripple Prime cleared over US$3 trillion worth of trades in 2025 across multi-asset markets, including crypto, forex, commodities, and exchange-traded derivatives. The platform provides financing and trade execution services for over 300 institutional clients, such as hedge funds and finance firms.\u00a0<\/p>\n<p>The Bullish integration gives Ripple Prime customers direct access to regulated BTC options markets, which comes on top of existing access to Bullish\u2019s spot, perpetuals and dated futures.\u00a0<\/p>\n<p>Users can leverage their stablecoins, including Ripple USD (RLUSD), to trade BTC options through their existing Ripple Prime account. \u201cPlanned support for cross-venue margin will further allow institutions to optimize collateral across exchanges and OTC desks for greater capital efficiency,\u201d Bullish said.<\/p>\n<div id=\"blockquote-block_96e57fd08450e9c1550998878d64e062\" class=\"blockquote-container variant-personal\">\n<div class=\"blockquote-text\">\n<p><em>The ability for institutional clients to cross-margin across multiple types of venues for their options trading only strengthens the depth of participation, optimizing capital efficiency while facing a regulated and well-capitalized counterparty in Ripple Prime.<\/em><\/p>\n<\/div>\n<div class=\"blockquote-attribution\">\n        <img decoding=\"async\" class=\"author-image lazyload\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152536\/Mike-Higgins-International-CEO-Ripple-Prime.jpg\"\/><img decoding=\"async\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152536\/Mike-Higgins-International-CEO-Ripple-Prime.jpg\" class=\"author-image\" data-eio=\"l\"\/>        Mike Higgins, International CEO, Ripple Prime    <\/div>\n<\/div>\n<p>Ripple Prime is a rebranding of the HiddenRoad prime brokerage, which was acquired by Ripple in late 2025, making it the first crypto company to own and operate a global, multi-asset prime broker. It was a move designed to boost the uptake of its RLUSD stablecoin, launched in late 2024 \u2014 the company said it expected a growing share of its derivatives customers to hold their balances in RLUSD.\u00a0<\/p>\n<p><strong>Related: Charles Schwab Enters Crypto Trading With Bitcoin and Ether Rollout<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-btc-options-demand-growing\">BTC Options Demand Growing<\/h2>\n<p>Chris Tyrer, president of Bullish Exchange, said institutional demand for crypto derivatives was growing and \u201chaving access to options is central for sophisticated investors looking to manage risk more precisely across their digital asset portfolios.\u201d<\/p>\n<p>Bullish is also focused on institutional investors, and only launched crypto options trading in October 2025 \u2014 enabling BTC options trades settled using the USDC stablecoin initially. It\u2019s now amongst the largest platforms for Bitcoin options trading volumes.<\/p>\n<figure class=\"wp-block-image size-full variant-no-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1434\" height=\"417\" alt=\"\" class=\"wp-image-133759 lazyload\" sizes=\"(max-width: 1434px) 100vw, 1434px\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7.png\" srcset=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7.png 1434w, https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7-768x223.png 768w\" data-eio-rwidth=\"1434\" data-eio-rheight=\"417\"\/><img decoding=\"async\" width=\"1434\" height=\"417\" src=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7.png\" alt=\"\" class=\"wp-image-133759\" srcset=\"https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7.png 1434w, https:\/\/cdn.cryptonews.com.au\/2026\/04\/30152321\/image-7-768x223.png 768w\" sizes=\"(max-width: 1434px) 100vw, 1434px\" data-eio=\"l\"\/><figcaption class=\"wp-element-caption\"><em>Source:<\/em><em>The Block<\/em><\/figcaption><\/figure>\n<p>Deribit, which was recently acquired by Coinbase, is the largest platform for open interest, crypto-settled Bitcoin options. Before it was snapped up by Coinbase, Derebit reported a 99% year-over-year increase in options trading volume in 2024-25.<\/p>\n<p><strong>Related: Bitcoin ETFs See $471M Inflow Surge as BlackRock\u2019s IBIT Leads<\/strong><\/p>\n<p>Just this week, Bitwise advisor Jeff Park argued that BTC options were now influencing the digital asset\u2019s volatility and price, with the popular options market linked to BlackRock\u2019s iShares Bitcoin Trust (IBIT) recently overtaking open interest on Derebit.\u00a0\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>He thinks continued growth of IBIT options could be bullish for Bitcoin. \u201cMy prediction is that it is going to be led by IBIT options and the reflexive nature in which the gamma that is possibly created within something like Bitcoin due to its scarcity can really, really lead the next leg up in a meaningful way,\u201d Park said.<\/p>\n<\/p><\/div>\n<p>Bitcoin,Bullish,Ripple#Bullish #Links #Ripple #Prime #Unlock #Bitcoin #Options #Institutions1777528315<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Bullish has expanded its integration with Ripple Prime, giving institutional clients access to Bitcoin options trading alongside existing spot and derivatives services.\u00a0 The move supports collateral like Ripple\u2019s new stablecoin, RLUSD, and will boost capital efficiency for institutional investors through cross-venue margining. More than 300 institutional users of Ripple\u2019s brokerage platform, Ripple Prime,<\/p>\n","protected":false},"author":1,"featured_media":8753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[91,441,862,3075,1419,3976,477,2426],"class_list":{"0":"post-8752","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bitcoin","9":"tag-bullish","10":"tag-institutions","11":"tag-links","12":"tag-options","13":"tag-prime","14":"tag-ripple","15":"tag-unlock"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bullish Links With Ripple Prime to Unlock Bitcoin Options for Institutions - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8752\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bullish Links With Ripple Prime to Unlock Bitcoin Options for Institutions\" \/>\n<meta property=\"og:description\" content=\"Crypto exchange Bullish has expanded its integration with Ripple Prime, giving institutional clients access to Bitcoin options trading alongside existing spot and derivatives services.\u00a0 The move supports collateral like Ripple\u2019s new stablecoin, RLUSD, and will boost capital efficiency for institutional investors through cross-venue margining. 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