🚀 Hold onto your hats, crypto enthusiasts! The Chicago Board Options Exchange (Cboe) is spicing things up with a new Bitcoin futures derivative, set to launch on April 28—pending regulatory approval, of course. This new product, based on the VanEck Bitcoin Strategy ETF, will be cash-settled and represents one-tenth of the FTSE Bitcoin Index.

Cboe's collaboration with FTSE Russell marks a milestone, complementing their Bitcoin options offerings. As demand for crypto exposure grows, Cboe is stepping up with innovative solutions.

What do you think about this new development? Share your thoughts below! 💬