PANews reported on April 8 that Cboe Digital, the crypto arm of the Chicago Board Options Exchange (Cboe), plans to launch a new Bitcoin futures product on April 28, subject to regulatory approval. The futures product launched in cooperation with FTSE Russell will be settled on the last working day of each month. The futures contract is cash-settled and is based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin Index.