[CoinShares' BTF Bitcoin & Ethereum ETF Cleared, Cash Settlement and Front-Moved Options Expiry Date] According to Jinse Finance, the Options Clearing Corporation (OCC) has announced that CoinShares' BTF (Bitcoin & Ethereum Futures ETF) has entered the cash settlement phase. The clearing proceeds are distributed at $22.16255605 per BTF unit, and the deliverable underlying asset for the standard options contracts is adjusted accordingly to $2216.26 in cash, replacing the original unit exposure. The BTF option code remains unchanged, but the contracts now point to a definite cash settlement rather than an operating crypto fund. The OCC has uniformly moved forward the expiry date of all series originally scheduled to expire after November 20, 2026, to November 20, while those expiring earlier retain their original dates. American-style options can still be exercised before expiry, with settlement occurring one business day after exercise. The settlement amount is based on the difference between the total exercise amount and the cash settlement amount. CoinShares announced the closure of its BTF and Altcoins ETF (DIME) in September, with October 20th being the last trading day and the deadline for subscriptions and redemptions. Liquidation took place around October 21st; remaining holders received cash based on the net asset value after deducting fees and liabilities. As of October 20th, BTF's assets were approximately $15.96 million. The fund primarily held BTC and ETH futures and did not directly hold cryptocurrency in custody.