Cboe Launches Cash-Settled Bitcoin Index Futures, Expanding Crypto Derivatives Options

Cboe Global Markets has introduced cash-settled bitcoin index futures based on the FTSE Bitcoin Reduced Value Index (XBTF). This addition to the firm’s growing suite of digital asset derivatives marks a significant development in the cryptocurrency market. XBTF futures are settled in cash at expiration, simplifying and streamlining trading compared to physically delivered options.