Here is a Bitcoin futures contract:
**Bitcoin Futures Contract Specifications:**
**Ticker Symbol:** $BTC
**Underlying Asset:** #Bitcoin (BTC)
**Contract Size:** 1 Bitcoin (BTC)
**Price Quotation:** US dollars and cents per BTC (e.g. $10,500.50)
**Contract Months:** Trading is available in the following contract months:
* March (H)
* May (K)
* June (M)
* September (U)
* December (Z)
**Expiration Dates:** Last trading day is the last business day of the contract month.
**Trading Hours:** Trading hours are from 6:00 p.m. to 4:00 p.m. CT.
** Margin Requirements:**
* Initial margin: 30% of contract value
* Maintenance margin: 20% of contract value
**Position Limits:**
* Speculative positions: 25 contracts (25 $BTC
* Spread positions: unlimited
**Notice of Exercise:** 7 days prior to the last trading day.
**Settlement Method:** Physical delivery of Bitcoin.
Note that this is a hypothetical example and actual futures contracts may have different specifications.