Golden Finance reported that the New York Stock Exchange announced today that it will work with CoinDesk Index to launch cash-settled index options that track the CoinDesk Bitcoin Price Index. ICE and the New York Stock Exchange intend to work with CoinDesk Index and relevant regulators to develop specific products. Last year, ICE Futures Singapore worked with CoinDesk Index to update its Bitcoin futures contract, CoinDesk Bitcoin Futures (BMC), using XBX for monthly contract settlement. XBX is currently the benchmark for $20 billion in ETF assets under management, and it tracks the spot price of Bitcoin in real time across multiple cryptocurrency exchanges, denominated in US dollars. XBX is calculated and published once a second, 24 hours a day, 365 days a year. Jon Herrick, Chief Product Officer of the New York Stock Exchange, said that due to the widespread enthusiasm of traditional institutions and everyday investors for the recently approved spot Bitcoin ETFs, the New York Stock Exchange is pleased to announce its cooperation with CoinDesk Indices.