Cboe® Launches FTSE Bitcoin Index Futures, Broadening Bitcoin Derivatives Ecosystem
The growing securitization of digital assets in recent years has paved the path for continued innovation within the asset class. Recently, Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, launched Cboe FTSE Bitcoin Index Futures (XBTF), cash-settled futures contracts based on the FTSE Bitcoin Reduced Value Index. With the increasing adoption of digital assets by both institutional and retail investors, the creation of crypto-based derivatives, such as Cboe’s FTSE Bitcoin Index Futures, enables a more fulsome investment ecosystem, allowing market participants to manage their Bitcoin exposure more comprehensively.
Cboe FTSE Bitcoin Index Futures Explained
Cboe FTSE Bitcoin Index Futures can be an efficient way for investors to gain exposure to Bitcoin, as the futures contracts are based on the FTSE Bitcoin Reduced Value Index, which represents one-tenth (i.e., 1/10) the value of …
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