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Bitcoin Derivatives: Open InterestA crypto derivative, such as a �perpetual futures," is a financial instrument that �derives" its value from an underlying cryptocurrency or digital asset. With crypto derivatives, financial instruments derive their value from the price of a particular cryptocurrency, like Bitcoin (BTC) or Ether (ETH). This. Find it fast � Trade Bitcoin derivatives through established Eurex access � Trusted FTSE Russell underlying index � Gain exposure to Bitcoin at a regulated.