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Now Trading: Cboe FTSE Bitcoin Index Futures (XBTF)
Cboe launched the new Cboe FTSE Bitcoin Index Futures (Ticker: XBTF) for trading on CFE on April 28, 2025. The futures are based on the XBTF Index, developed by FTSE Russell in collaboration with Digital Asset Research, representing 1/10th the value of the FTSE Bitcoin Index.
Read MoreKey Takeaways
- Cboe launched new Cboe FTSE Bitcoin Index Futures (Ticker: XBTF) based on the FTSE Bitcoin Reduced Value (1/10th) Index for trading on Cboe Futures Exchange, LLC (CFE)
- The new Cboe FTSE Bitcoin Index Futures Bitcoin Index Futures expand Cboe’s Bitcoin derivatives offerings and marks the first digital asset derivatives product to be introduced under Cboe’s collaboration with FTSE Russell
- Cboe is expanding its cryptocurrency offerings and complimenting Cboe’s Bitcoin ETF Index Options and Mini Bitcoin ETF Index Options (Tickers: CBTX, MBTX)
Cboe launched the new Cboe FTSE Bitcoin Index Futures (Ticker: XBTF) for trading on CFE on April 28, 2025. The futures are based on the XBTF Index, developed by FTSE Russell in collaboration with Digital Asset Research, representing 1/10th the value of the FTSE Bitcoin Index.
XBTF futures are cash-settled contracts that settle in the afternoon on the last business day of a month and may appeal to portfolios of all sizes.
Expanding Bitcoin Derivatives
The new XBTF futures will complement Cboe's existing suite of bitcoin derivatives,including Cboe’s Bitcoin ETF Index Options and Mini Bitcoin ETF Index Options (Tickers: CBTX, MBTX). By offering both cash-settled futures and securities options based on bitcoin, market participants have an extensive set of tools for trading and hedging bitcoin-related strategies. Market participants may be able to use these products individually to manage bitcoin volatility or together for more advanced trading strategies.
Growing Digital Asset Offerings
Cboe has been expanding its digital asset offerings, listing a majority of U.S. spot bitcoin and ether ETFs on Cboe’s BZX Equities Exchange. The recent launch of cash-settled index options related to spot bitcoin has spurred new ETFs using these options to provide capped-risk exposure to Bitcoin.
Learn more about the new Cboe FTSE Bitcoin Index Futures here.
Trading in futures and options on futures is not suitable for all market participants and involves the risk of loss, which can be substantial and can exceed the amount of money deposited for a futures or options on futures position. You should, therefore, carefully consider whether trading in futures and options on futures is suitable for you in light of your circumstances and financial resources. You should put at risk only funds that you can afford to lose without affecting your lifestyle. For additional information regarding the risks associated with trading futures and options on futures and with trading security futures, see respectively the Risk Disclosure Statement Referenced in CFTC Letter 16-82 and the Risk Disclosure Statement for Security Futures Contracts. Certain risks associated with options, futures, and options on futures and certain disclosures relating to information provided regarding these products are also highlighted at www.cboe.com/us_disclaimers.
This information is provided for general education and information purposes only. No statement provided should be construed as a recommendation to buy or sell a security, future, option on a future, security future, digital asset, financial instrument, investment fund, or other investment product (collectively, a “financial product”), or to provide investment advice.
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