Cboe Global Markets Introduces FTSE Bitcoin Index Futures

In a significant move for digital asset trading, Cboe Global Markets, Inc. (CBOE) has announced the commencement of trading for its new Cboe FTSE Bitcoin Index futures. This development marks a pivotal expansion in Cboe's suite of digital asset derivatives.

Features of the New Futures

These cash-settled futures are based on the FTSE Bitcoin Reduced Value Index (Ticker: XBTF) and are exclusively listed on the Cboe Futures Exchange, LLC (CFE). Settlement for these futures is scheduled for the afternoon on the last business day of each month, providing a structured and predictable trading environment.

Commitment to a Digital Asset Ecosystem

Catherine Clay, Global Head of Derivatives at Cboe, emphasized the company's dedication to fostering a "well-rounded ecosystem". This initiative aims to offer traders and investors more efficient and flexible avenues for gaining bitcoin exposure and managing associated risks, further solidifying Cboe's position as a leader in the digital asset space.