The futures will be cash settled in U.S. dollars, meaning that dollars change hands at settlement instead of the underlying instrument (bitcoin, in this case). The futures settlement value will be determined by the CoinDesk Bitcoin Price Index (XBX), crafted by CoinDesk Indices, a subsidiary of CoinDesk.
![The State of Eth2, Jan 2021 [ENG/普通话]](https://storage.googleapis.com/ethereum-hackmd/upload_47c90a1331094cf794adf6539a7f8205.jpg "The State of Eth2, Jan 2021 [ENG/普通话]")
