Cboe and FTSE Russell plan to launch new Bitcoin futures products on April 28th

According to Cboe Digital, the crypto division of the Chicago Board Options Exchange (Cboe), it plans to launch a new Bitcoin futures product on April 28th, subject to regulatory approval. The futures products launched in collaboration with FTSE Russell will be settled on the last working day of each month. This futures contract is settled in cash and is based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin index.