š Cboe is spicing up the crypto scene with its new Bitcoin futures derivative, set to launch April 28, pending regulatory approval. This cash-settled product, based on the VanEck Bitcoin Strategy ETF, is like XBTF's little sibling, representing one-tenth of the FTSE Bitcoin Index.
- This marks Cboe's first collab with FTSE Russell, complementing its Bitcoin options offerings.
- Catherine Clay notes the timing is perfect as demand for crypto exposure grows.
Cboe, a financial veteran, continues to bridge the gap between traditional finance and crypto, proving Bitcoin futures are still in vogue!