German financial index firm Solactive announced today they are originating the Solactive Bitcoin Front Month Rolling Futures 5D Index, an index tracking the performance of XBT futures listed on Cboe Global Markets (Cboe).
On Sunday, December 10th 2017, Cboe became the first U.S. regulated exchange to list bitcoin futures, for which Solactive has been granted worldwide exclusivity in index calculations.
The Solactive Bitcoin Front Month Rolling Futures 5D Index can be used to gain exposure to the bitcoin currency through XBT futures contracts that are traded on Cboe’s Futures Exchange (CFE).
The index is available for licensing and can be used as the basis for structured products and ETFs.
It was announced that Cboe Global Markets filed to list six bitcoin ETFs within the past week.
Steffen Scheuble, CEO of Solactive AG, commented: “We are very pleased to be offering exposure to bitcoins futures through the Solactive Bitcoin Front Month Rolling Futures 5D Index. This is unprecedented in the history of capital markets and clearly opens the door to new Bitcoin-based investment products.”
The index tracks the performance of front-month XBT futures and rolls the exposure over five days from the active contract to the next active contract. The index is calculated as an excess return index and is published in USD.
