Name a Major Reference Rate Used for Bitcoin Futures.

A major reference rate used for institutionally-traded Bitcoin futures is the CME CF Bitcoin Reference Rate (BRR). This rate is calculated by CF Benchmarks and is based on an aggregation of trade flow from major, regulated cryptocurrency exchanges during a specified calculation window.

It is widely accepted for use in cash-settled contracts due to its robust methodology and transparency.

How Does the Size of the CME Contract Compare to the Typical Size of an Unregulated Crypto Futures Contract?
What Does the “CF” in CME CF Bitcoin Reference Rate Stand For?
Name a Major Exchange That Offers European-Style Bitcoin Options
Name a Major Cryptocurrency Index Used for Derivatives Settlement
What Is the Difference between a Single-Name and an Index CDS?
How Does a Regulated Exchange, like the CME, Mitigate Counterparty Risk in Bitcoin Futures?
Besides Bakkt, Which Other Major Regulated Exchange Offers Cash-Settled Bitcoin Futures?
Is a Standard Bitcoin Futures Contract Always Considered a Section 1256 Contract?

Glossar