LCH, the clearinghouse arm of the London Stock Exchange Group, will offer clearing services for cash-settled bitcoin (BTC) index futures and options, reports CoinDesk. 

The separate service LCH DigitalAssetClear, part of the company's French arm, will finalize trades made on GFO-X, a U.K.-regulated digital asset exchange, LCH said.

“Bitcoin index futures and options are a rapidly growing asset class,” Frank Soussan, head of LCH DigitalAssetClear, said in a statement, citing “increasing interest among institutional market participants looking for access within a regulated environment they are familiar with.”