CBOE Introduces FTSE Bitcoin Index Futures

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

Details of the New Futures Product

These cash-settled futures are based on the FTSE Bitcoin Reduced Value Index (Ticker: XBTF), exclusively listed on the Cboe Futures Exchange, LLC (CFE). Settlement occurs on the last business day of each month, offering a streamlined approach to bitcoin investment.

Commitment to a Robust Digital Asset Ecosystem

Catherine Clay, Global Head of Derivatives at Cboe, emphasized the company's dedication to fostering a "well-rounded ecosystem" for digital assets. This initiative aims to provide investors with efficient and flexible access to bitcoin exposure and risk management tools.