Cboe Global Markets has launched FTSE Bitcoin Index Futures, now available for trading under the symbol XBTF, marking a significant step forward in institutional access to Bitcoin markets. Catherine Clay, Cboe’s Global Head of Derivatives, stated that this launch addresses growing demand for crypto-based derivatives and provides a regulated avenue for price speculation and hedging. These cash-settled contracts simplify exposure while providing an opportunity to manage risk associated with Bitcoin price fluctuations. 2025 saw the beginning of trading for XBTF, developed by Cboe alongside FTSE Russell and Digital Asset Research. It allows investors to gain exposure to Bitcoin without the complexities of physical delivery.