Share this article
Argentina's First Bitcoin Futures Contract Officially Goes Live
The product was approved by the South American country’s National Securities Commission in April.
Jul 13, 2023, 3:44 p.m.
Make us preferred on Google
Argentina’s first bitcoin index-based futures contract went live on Thursday, giving qualified investors exposure to crypto in a manner regulated by the local authority.
The product is based on a bitcoin index powered by Matba Rofex, the Argentinian stock exchange that published the contract's regulations and trading guide in a statement released on Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In April, the country’s National Securities Commission (CNV) authorized the launch of the contract, arguing that it wanted to “promote the development of new and innovative products by its regulated entities in the capital market.” It is the first crypto product approved by the CNV so far.
Matba Rofex added that at first, the product will be traded only by qualified investors as defined by the CNV, and therefore the intervening agents will be responsible for the verification of that requirement.
Among the warnings about the product, Matba Rofex said that fluctuating prices of crypto assets can result in significant financial losses for users, while it also clarified that the CNV does not have control over the providers of prices for the bitcoin index.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Crypto ETFs with staking can supercharge returns but they may not be for everyone
From yield potential to custody risks, here’s how direct ETH and staking funds compare for different investor goals.
What to know:
- Investors can now choose between owning ether directly or buying shares in a staking ETF that earns rewards on their behalf.
- While staking ETFs offers yield, they come with risks and less control than holding ETH in an exchange or wallet.
- Grayscale’s Ethereum staking ETF recently paid $0.083178 per share, yielding $3.16 in rewards on a $1,000 investment.
Top Stories
