A Bitcoin futures contract index is now available for institutional trading on Argentina's Matba-Rofex market.This new asset class, as of now, is not accessible to retail investors.
Initially, it is reserved for institutional entities like investment funds and corporations.The contracts, quoted and settled in Argentine pesos, reference an index established by Matba-Rofex using local cryptocurrency rates.Futures contracts are agreements for buying or selling an asset at a fixed price on a predetermined date.Each futures contract on Matba Rofex equals 0.1 BTC, with a set multiplier that accounts for the asset's value .
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