
New Cboe Bitcoin Futures (XBTF) Offer More Flexibility for Crypto Traders
In a significant development, CBOE Global Markets has launched new Bitcoin futures contracts called Cboe FTSE Bitcoin Index futures (XBTF), now available on its CBOE Futures Exchange. This move is aimed at meeting the increasing demand for crypto derivatives and providing more options for investors to manage Bitcoin price fluctuations.
The XBTF futures are an extension of CBOE’s earlier introduction of Bitcoin options products (CBTX and MBTX). These new contracts offer a range of tools that can be used individually or in combination to create advanced trading strategies. Like the Bitcoin options, these futures will be cleared through OCC.
CBOE is expanding its digital asset offerings by listing U.S. spot bitcoin and ether ETFs. The company’s cash-settled Bitcoin options have facilitated the creation of ETFs that provide investors with Bitcoin exposure while minimizing risk.
The introduction of XBTF futures provides a regulated, transparent environment for investors to gain exposure to or hedge against Bitcoin, offering more flexibility in managing their crypto investments.
Source: https://coinpedia.org/news/new-cboe-bitcoin-futures-xbtf-offer-more-flexibility-for-crypto-traders/