The Nasdaq-listed digital assets financial services company has launched a new type of Bitcoin (BTC) investment product, a BTC dated futures contract with a physical settlement.

The Eqonex BTC Dated Futures are denominated in the USD Coin stablecoin (USDC) and are linear in that the price of the futures increases as the price of BTC increases against USDC. The expiry of the dated future will occur at 08:00 UTC on the final Friday of the expiry month. Users can trade Eqonex BTC Dated Futures on a margin up to 125x leverage. Physical settlement occurs automatically on the expiry date, removing some hedging risks compared to cash-settled contracts.  The launch of Eq

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