Public filings suggest that the launch
of bitcoin futures products has renewed a push to create exchange - traded funds tied to the cryptocurrency.
CME and Cboe, the world's largest futures exchanges,
launched bitcoin futures products in December, making it easier for institutional investors to buy into the cryptocurrency trend, which boosted bitcoin's popularity as well.
New public filings suggest that the launch of new
bitcoin futures products in the U.S. has renewed a push to create exchange - traded funds (ETFs) tied to the cryptocurrency.
CME Group chairman and CEO Terry Duffy has said that the derivatives exchange operator could list a planned
bitcoin futures product as early as next month.
Now, the interesting thing to keep an eye on is how the situation develops as exchanges like the Nasdaq and CME Group, Inc. continue to launch their
own Bitcoin futures products in the coming weeks.
On December 1, 2017, the Commodity Futures Trading Commission released a statement on the self - certification of new contracts
for bitcoin futures products by the Chicago Mercantile Exchange Inc. (CME) and CBOE Futures Exchange (CFE).
New public filings suggest that the launch of
new bitcoin futures products in the U.S. has renewed a push to create exchange - traded funds...
With clients such as CME Group, which is expected to launch a much - anticipated
bitcoin futures product next week, BitGo now facilitates a total $ 8 billion - worth of bitcoin transactions per month, charging a fee on each one.
According to the BPI, the price of bitcoin has surged more than $ 2,000 today, a development that comes less than a day after options exchange CBOE first commenced trading of its
initial bitcoin futures products.
The article also discusses the recent listing of
bitcoin futures products by «two of the largest CFTC - regulated exchanges,» CBOE, and CME.
Compiled with data from Morgan Stanley's own research and Autonomous NEXT, the note helps bring into focus the surging interest from institutional investors at a time
when bitcoin futures products have also been launched in CME Group and CBOE, two of the largest commodity exchange platforms in the U.S.
Interest from institutional investors for cryptocurrency trading continues apace in 2018, with the rising popularity of Bitcoin, alt - coins, ICOs and the launch of
Bitcoin futures products at the end of 2017 by major exchange operators Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE).
SFC warned investors to check
whether bitcoin futures products from unregulated cryptocurrency exchanges constitute «futures contracts» or «securities» under the SFO.
Among the players are the Chicago Board Options Exchange (CBOE) and the CME Group, which already announced that they will be separately launching
Bitcoin futures products within the next few weeks.
CME chairman and CEO Terry Duffy has said that the derivatives exchange operator could list a planned
bitcoin futures product as early as next month.
Then, on December 1, 2017, the CFTC released a statement about its due diligence and market oversight after CBOE, CME, and Cantor self - certified new contracts
for bitcoin futures products.
The note helps bring into focus the surging interest from institutional investors at a time
when bitcoin futures products have also been launched in CME Group and CBOE.
Winkler, in coordination with TimMcCourt's team, laid the foundation for
the bitcoin futures product.
The second way is a bitcoin futures ETF, which approximates the price of bitcoin by owning
bitcoin futures products.
He added that traders may have grown more comfortable with
a bitcoin futures product after Cboe's launch a week ago.
CBOE Global Markets, the Chicago - based options and derivatives exchange, announced Monday it'll offer trading of
its bitcoin futures product on December 11.
«We are treating
the Bitcoin futures products as we would any other futures products, where we ensure the marketplace has the proper liquidity before offering to our clients.
On Friday, the Commodity Futures Trading Commission (CFTC) released a statement following CBOE and CME's self - certification of
their bitcoin futures products.
In addition, Nasdaq has reported that they will be introducing
their Bitcoin futures product next year.
They also played a role in building
a bitcoin futures product that goes live this weekend.
Options exchange CBOE has released early specifications for its planned
bitcoin futures product.
Derivatives marketplace operator CME Group has announced plans to launch
a bitcoin futures product.
, one of the world's largest derivatives exchanges, will launch
a bitcoin futures product before the end of Q4 2017.
A few weeks ago Bitcoin Magazine reported that CME Group, one of the world's largest derivatives exchanges, will launch
a bitcoin futures product before the end of Q4 2017.
The implications of
this Bitcoin futures product launch are far - reaching.