00:00
The Financial Ways
The Financial Ways
USD/RUB
EUR/RUB
Cryptocurrency

Binance Futures Adds Leveraged Exposure to Bitcoin and Treasury ETFs

Binance Futures has launched three new USDT-settled perpetual contracts tied to the ProShares Bitcoin ETF and two U.S. Treasury products, allowing traders to take leveraged positions on traditional financial assets around the clock without directly purchasing the underlying shares.

Binance Futures Adds Leveraged Exposure to Bitcoin and Treasury ETFs

The exchange introduced the BITOUSDT, TMFUSDT, and TBTUSDT contracts on July 27, rolling them out in five-minute intervals. These instruments offer up to 25x leverage, with funding settlements scheduled every eight hours. The TMFUSDT contract tracks the Direxion Daily 20+ Year Treasury Bull 3X ETF, while TBTUSDT follows the ProShares UltraShort 20+ Year Treasury ETF, providing a mechanism to bet on the inverse performance of long-duration bonds.

BITOUSDT links directly to the ProShares Bitcoin ETF, which focuses on futures-based exposure rather than direct holdings. While these contracts mirror traditional U.S.-listed assets, they operate independently of standard market hours, remaining accessible 24/7. Binance allows the use of its Multi-Assets Mode for margin, though it cautioned that regional restrictions apply. Despite the inclusion of U.S.-referenced products, the launch is distinct from Binance.US, which remains a separate entity subject to its own regulatory constraints. This expansion aligns with the exchange’s broader strategy to evolve into a financial super app that integrates diverse investment themes beyond native cryptocurrency trading.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!