{"id":41080,"date":"2025-04-30T12:30:25","date_gmt":"2025-04-30T09:30:25","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=41080"},"modified":"2025-04-30T11:26:39","modified_gmt":"2025-04-30T08:26:39","slug":"cboe-launches-cash-settled-bitcoin-index-futures","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/cboe-launches-cash-settled-bitcoin-index-futures\/","title":{"rendered":"Cboe Launches Cash-Settled Bitcoin Index Futures"},"content":{"rendered":"<p class=\"\" data-start=\"2790\" data-end=\"3074\"><strong data-start=\"2790\" data-end=\"2813\">Cboe Global Markets<\/strong> has announced the launch of its new <strong data-start=\"2850\" data-end=\"2892\">Cboe FTSE Bitcoin Index Futures (XBTF)<\/strong>, adding to its growing lineup of digital asset derivatives. The product is based on the <strong data-start=\"2981\" data-end=\"3017\">FTSE Bitcoin Reduced Value Index<\/strong>, which represents <strong data-start=\"3036\" data-end=\"3073\">1\/10th the value of Bitcoin (BTC)<\/strong>.<\/p>\n<p class=\"\" data-start=\"3076\" data-end=\"3362\">XBTF contracts are <strong data-start=\"3095\" data-end=\"3111\">cash-settled<\/strong> and settle in the afternoon on the <strong data-start=\"3147\" data-end=\"3182\">last business day of each month<\/strong>, eliminating the complexities of physical Bitcoin delivery and offering flexible access to BTC exposure. The product is exclusively listed on <strong data-start=\"3325\" data-end=\"3361\">Cboe Futures Exchange, LLC (CFE)<\/strong>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/cboe-launches-cash-settled-bitcoin-index-futures\/#A_Tool_for_Risk_Management_and_Exposure\" title=\"A Tool for Risk Management and Exposure\">A Tool for Risk Management and Exposure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/cboe-launches-cash-settled-bitcoin-index-futures\/#Institutional_Demand_Strengthens\" title=\"Institutional Demand Strengthens\">Institutional Demand Strengthens<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"3364\" data-end=\"3409\"><span class=\"ez-toc-section\" id=\"A_Tool_for_Risk_Management_and_Exposure\"><\/span>A Tool for Risk Management and Exposure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3410\" data-end=\"3633\"><strong data-start=\"3410\" data-end=\"3428\">Catherine Clay<\/strong>, Global Head of Derivatives at Cboe, emphasized that XBTF provides market participants with a new tool for <strong data-start=\"3536\" data-end=\"3557\">managing BTC risk<\/strong> or gaining price exposure in a regulated, centralized clearing environment.<\/p>\n<hr \/>\n<p data-start=\"3635\" data-end=\"3915\"><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p class=\"\" data-start=\"3635\" data-end=\"3915\">The new XBTF futures complement previously launched <strong data-start=\"3687\" data-end=\"3746\">cash-settled options on the Cboe Bitcoin U.S. ETF Index<\/strong>, namely <strong data-start=\"3755\" data-end=\"3763\">CBTX<\/strong> and <strong data-start=\"3768\" data-end=\"3776\">MBTX<\/strong>. Each product is designed to manage <strong data-start=\"3813\" data-end=\"3831\">BTC volatility<\/strong> on its own, while together they offer the flexibility for more advanced strategies.<\/p>\n<p class=\"\" data-start=\"3917\" data-end=\"4035\">Like other Bitcoin derivatives, XBTF futures are <strong data-start=\"3966\" data-end=\"3993\">cleared through the OCC<\/strong>, enhancing transparency and market trust.<\/p>\n<p data-start=\"3917\" data-end=\"4035\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-154576 \" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/04\/cboe-1.jpg\" alt=\"\" width=\"827\" height=\"535\" \/><\/p>\n<h2 data-start=\"4037\" data-end=\"4075\"><span class=\"ez-toc-section\" id=\"Institutional_Demand_Strengthens\"><\/span>Institutional Demand Strengthens<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"4076\" data-end=\"4255\">Institutional participants are showing growing interest. <strong data-start=\"4133\" data-end=\"4150\">Barak Capital<\/strong>, a long-time liquidity provider for Cboe markets, confirmed its intent to support XBTF trading actively.<\/p>\n<p class=\"\" data-start=\"4257\" data-end=\"4465\">Similarly, <strong data-start=\"4268\" data-end=\"4282\">Tom Chlada<\/strong>, COO at <strong data-start=\"4291\" data-end=\"4312\">Prime Trading LLC<\/strong>, shared enthusiasm for the product, noting the firm\u2019s alignment with Cboe\u2019s efforts to deliver a \u201cbest-in-class trading experience\u201d to crypto investors.<\/p>\n<hr \/>\n<p data-start=\"4257\" data-end=\"4465\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cboe Global Markets has announced the launch of its new Cboe FTSE Bitcoin Index Futures (XBTF), adding to its growing lineup of digital asset derivatives. The product is based on the FTSE Bitcoin Reduced Value Index, which represents 1\/10th the value of Bitcoin (BTC). XBTF contracts are cash-settled and settle in the afternoon on the<\/p>\n","protected":false},"author":28,"featured_media":38222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[15059,4368,15055,15060,60,15056,3374,11316,840,847,9546,5760,15057,6538,14339,15058,15054],"class_list":["post-41080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-barak-capital","tag-bitcoin-futures","tag-bitcoin-index-futures","tag-bitcoin-products","tag-btc","tag-cash-settled-contracts","tag-cboe","tag-crypto-derivatives","tag-crypto-market","tag-crypto-news","tag-derivatives","tag-digital-assets","tag-ftse-bitcoin-index","tag-institutional-investors","tag-occ","tag-prime-trading","tag-xbtf"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cboe Launches Cash-Settled Bitcoin Index Futures - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/cboe-launches-cash-settled-bitcoin-index-futures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cboe Launches Cash-Settled Bitcoin Index Futures - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Cboe Global Markets has announced the launch of its new Cboe FTSE Bitcoin Index Futures (XBTF), adding to its growing lineup of digital asset derivatives. 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