**Cboe Launches New Bitcoin Futures Product**

The Chicago Board Options Exchange (Cboe) is set to launch a new Bitcoin futures derivative on April 28, pending regulatory approval. This product, based on the VanEck Bitcoin Strategy ETF, will be cash-settled and represent one-tenth of the FTSE Bitcoin Index's value. It's the first offering from Cboe's collaboration with FTSE Russell and complements their existing Bitcoin options. Catherine Clay from Cboe highlights growing demand for crypto exposure. Cboe continues to innovate, bridging traditional finance with crypto, while Bitcoin futures remain a hot topic in the market.