Cboe Digital plans to launch a new Bitcoin futures product on April 28.
Powered by ChatGPTAccording to Foresight News, Cboe Digital, the cryptocurrency division of the Chicago Board Options Exchange, plans to launch a new Bitcoin futures product on April 28, pending regulatory approval. The new trading product, developed in collaboration with FTSE Russell, will be cash-settled and based on the XBTF index, which is equivalent to one-tenth of the FTSE Bitcoin Index value. It will settle on the last business day of each month.
According to Foresight News, Cboe Digital, the cryptocurrency division of the Chicago Board Options Exchange, plans to launch a new Bitcoin futures product on April 28, pending regulatory approval. The new trading product, developed in collaboration with FTSE Russell, will be cash-settled and based on the XBTF index, which is equivalent to one-tenth of the FTSE Bitcoin Index value. It will settle on the last business day of each month.