Cboe plans to launch a new Bitcoin futures product in collaboration with FTSE Russell on April 28.

PANews April 8 news, according to the encryption department of the Chicago Options Exchange (Cboe) Cboe Digital, it plans to launch a new Bitcoin futures product on April 28, pending regulatory approval. The futures product launched in cooperation with FTSE Russell will settle on the last business day of each month. This futures contract is cash-settled and is based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin index.