Cboe to Launch FTSE Bitcoin Index Futures

Cboe Global Markets has unveiled plans for its new Cboe FTSE Bitcoin Index Futures, with trading scheduled on the Cboe Futures Exchange for April 28th according to a story in The Trade news.   Cboe said the product aligned with its vision to drive expansion in the digital assets markets.  The launch marks a step forward in the exchange operator’s collaboration with FTSE Russell. “This launch comes at a pivotal time as demand for crypto exposure continues to grow and market participants are increasingly seeking more capital-efficient and versatile ways to gain and manage that exposure,” said global head of derivatives at Cboe, Catherine Clay. “Many of our customers are already utilising Cboe’s full suite of bitcoin products – whether the spot US bitcoin ETFs listed on Cboe’s equities exchange, our cash-settled Bitcoin ETF index options, or defined-outcome ETFs that hold those options. These new futures will be the latest addition to continue evolving  bitcoin product ecosystem and providing traders with even more tools to navigate the digital assets market.” The new XBTF futures follow Cboe’s recently launched options on its Bitcoin US ETF Index, aimed at delivering greater access to tools to execute trading and hedging strategies related to bitcoin.