Binance Futures Adds BITO Treasury ETF Contracts with Leverage
Binance Futures has expanded its range of futures products tied to traditional financial assets by launching perpetual contracts linked to the BITO Treasury ETF.
The new product allows traders to gain leveraged exposure to the ETF's price movements without having to own the underlying asset.
The launch is part of Binance's efforts to continue expanding its derivatives business, which now includes products linked to both digital assets and traditional financial markets.
Perpetual futures contracts do not have an expiry date, and traders can keep positions open as long as they meet margin requirements. Funding fees will apply to keep the contract price close to the ETF's market price.