Binance Futures rolled out three new USDⓈ-M perpetual futures contracts this week, giving traders exposure to U.S. Treasury bond ETFs and the ProShares Bitcoin Strategy ETF. The contracts began trading on July 27 under Binance Exchange Rule 17, the exchange's framework for listing new derivatives.
The new contracts
Two of the perpetuals are based on U.S. Treasury bond ETFs, while the third tracks the ProShares Bitcoin Strategy ETF (BITO). All three are settled in USDT, meaning traders don't need to hold the underlying assets. The contracts offer leverage, though Binance didn't specify the maximum at launch.
This isn't the first time Binance has listed products tied to traditional finance benchmarks. The exchange already offers futures on gold, oil, and stock indices. But adding Treasury ETFs is a step deeper into fixed-income derivatives — a corner of crypto that's still small but growing.
Perpetual futures tied to bond ETFs let crypto traders bet on interest-rate moves without leaving the exchange. That's useful when the macro environment is driving markets more than crypto-native narratives. The BITO contract, meanwhile, gives another way to speculate on bitcoin's price through a regulated ETF wrapper — though BITO itself holds bitcoin futures, not spot bitcoin.
The timing isn't accidental. With the Fed holding rates steady and bond yields fluctuating, demand for yield-curve plays has picked up. Binance is betting its user base wants those tools in the same place they trade altcoins.
Binance hasn't said whether it plans to add more ETF-based perpetuals. But the move signals the exchange is willing to expand beyond pure crypto assets. For now, the three contracts are live and trading. Traders should check the contract specs on Binance's futures page before jumping in — perpetuals carry funding rates that can eat into positions if held too long.
