Binance Futures launches BITO and Treasury ETF contracts

Binance Futures launched three USDT-settled perpetual contracts tied to the ProShares Bitcoin ETF and two long-duration U.S. Treasury products on July 27. Summary Binance introduced BITOUSDT, TMFUSDT, and TBTUSDT perpetual contracts in five-minute intervals. All three products support up to 25x leverage and remain available for trading around the clock. Orders require a minimum notional value of 5 USDT, with funding settled every eight hours. The contracts expand Binance’s tokenized traditional finance offering, but regional access restrictions still apply. Binance Futures adds three ETF-linked contracts Binance Futures began rolling out the three USDⓈ-M perpetual contracts at 13:30 UTC, according to a July 27 exchange announcement. TMFUSDT opened first, followed by TBTUSDT at 13:35 UTC and BITOUSDT at 13:40 UTC. Each contract uses USDT as its settlement asset and allows traders to take long or short positions without an expiration date. TMFUSDT tracks the Direxion Daily 20+ Year Treasury Bull 3X ETF. The underlying fund seeks to deliver three times the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. TBTUSDT follows the ProShares UltraShort 20+ Year Treasury ETF, wh...