BitMEX, a popular cryptocurrency exchange, has introduced a new Bitcoin futures contract called XBTU25. This contract, which went live on November 18, 2024, is margined in Bitcoin and will expire on September 26, 2025. The XBTU25 contract allows traders to engage in monthly Bitcoin futures trading, providing opportunities to hedge or speculate on the price movements of Bitcoin against the US dollar.
BitMEX offers a variety of futures contracts with different settlement dates, including XBTZ24, XBTX24, XBTH25, XBTM25, and XBTU25. The introduction of the XBTU25 contract is expected to attract significant attention from traders seeking to leverage Bitcoin’s volatility. BitMEX’s robust trading platform and the appeal of Bitcoin as an asset class continue to make it a popular choice among cryptocurrency investors.