Financially Settled Cryptocurrency Futures

Detailed summary

Gain exposure to the world's leading cryptocurrencies without the complexity of owning the underlying digital asset. Financially Settled Bitcoin (FBT) and Ethereum (FET) Futures…

Gain exposure to the world's leading cryptocurrencies without the complexity of owning the underlying digital asset. Financially Settled Bitcoin (FBT) and Ethereum (FET) Futures are CFTC-regulated, cash-settled futures contracts offered for trading on Cboe Futures Exchange, LLC (CFE). Market participants may be able to use FBT and FET futures for price speculation, hedging, and risk management.

Standardized contracts cleared through Cboe Clear US reduces counterparty risk.

Access cryptocurrency exposure with lower capital requirements through margin trading.

Cboe has worked with Kaiko, a leading provider or crypto data and crypto indices, to provide reference rates for FBT and FET futures.

The Cboe Kaiko Rates are calculated hourly and designed to act as an underlying for settlement of FBT and FET futures. Each rate takes into account one hour of executed trade data from a curated list of digital asset exchanges. For more information on the Cboe Kaiko Rates please visit the Kaiko website.

Opening of the article, excerpted from Cboe Global Markets. To read the rest, open the article on the publisher's site.