Name a Major Reference Rate Used for Bitcoin Futures ▴ Learn

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.

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