Cboe Digital to launch margin futures on bitcoin and ether

The Commodity Futures Trading Commission approved the expansion of Cboe Clear Digital's product offering to include margined futures contracts.

Physically and financially settled bitcoin and ether contracts will be included in the initial product launch in the second half of 2023.

To date, Cboe Digital has offered trading and clearing of bitcoin and ether futures on a fully collateralized basis, requiring customers to outlay the full amount of a futures contract upfront.

Under the new margin model, only a percentage of the total posted is required as collateral, allowing customers to trade futures in a less capital-intensive way.