Bitget launches index futures

On March 13, the cryptocurrency exchange Bitget began trading index futures contracts. This was reported in the blog of the trading platform.

Index futures contracts track the volume-weighted average price of a selected group of assets on Bitget. This allows investors to better diversify their cryptocurrency portfolios.

Bitget’s first index futures — BGHOT10 — is a USDT-margined and settled contract (USDT). It includes the 10 most popular assets on the platform, excluding Bitcoin and Ether: Cardano, Solana, Avalance, Polygon, Cosmos, XRP, Ethereum Classic, Aptos, SushiSwap and dYdX.

Подробная информация о торговле индексными фьючерсами — в Академии Bitget.

“There are almost no platforms for trading indices in the cryptocurrency market. We are proud to be an exchange that provides investors with simple and understandable indices,” commented Grace Chen, CEO of Bitget.

Bitget has also launched a spot-traded fund (ETF) ARBETF, which tracks tokens in the Arbitrum ecosystem. It consists of four assets: GMX (40%), MAGIC (30%), Gains Network (25%), and Radiant Capital (5%). As the project develops, the ARBETF composition will be adjusted.

The Bitget exchange supports copy trading, P2P and OTC deals, as well as spot and futures trading. Last month the platform announced a partnership with TradingView.

Earlier Bitget invested $30 million into the BitKeep wallet at a $300 million valuation and became its controlling shareholder.