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Cboe set to launch new FTSE Bitcoin futures product in April – Cointelegraph
The FTSE Bitcoin futures product will be cash-settled, meaning that investors will not physically receive Bitcoin upon expiration of the contract. Instead, the contract will be settled in cash based on the price of Bitcoin at that time.
This new product marks a significant step in the mainstream adoption of Bitcoin and other cryptocurrencies, as it provides a regulated and familiar way for traditional investors to access the digital asset market. Cboe’s entry into the cryptocurrency space is expected to bring increased liquidity and institutional interest to the market.
Overall, the launch of the FTSE Bitcoin futures product by Cboe is a positive development for the cryptocurrency industry and is likely to attract more investors to the space.
