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What are crypto derivatives? (bybit)A 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. Derivatives traders are already piling in, though, betting the Securities and Exchange Commission will give the green light to several ETF.
