Binance Futures offers perpetual contracts linked to ETF funds tracking popular index ETFs like QQQ, SPY, EWY, and EWJ.
These contracts are settled in USDT, offering leverage up to 10x and can be traded 24/7 — unlike traditional stock markets which have limited trading hours.
The multi-asset mode allows traders to use various crypto assets (e.g., BTC) as collateral when trading these contracts.
Perpetual contracts tied to the ETF fund do not involve owning the underlying ETF shares. These are derivative products that carry significant risk, including the potential for substantial losses.
Hot news: MicroStrategy's recent move to sell 32 BTC for about $2.5 million triggered a strong market reaction, with both their stock and Bitcoin experiencing a sharp downturn. According to BeInCrypto, this is the first time the company has offloaded BTC in 41 months, reigniting debates about Bitcoin's reliance on corporate investors like MicroStrategy. This sell-off, representing only 0.0038% of the total 843,706 BTC held by MicroStrategy, led to MSTR shares dropping 9.95% and Bitcoin plummeting 8.58%, currently trading near $67,206. Analysts suggest this move reflects the broader fragility of the market and the pressure on MicroStrategy's financial strategies.