-
Attention bitcoin bears: You'll be able to bet against the digital currency in one month
Investors who want to bet against bitcoin's massive price gains can likely do so beginning in mid-December, according to the head of the world's largest futures exchange. "When can you be able to short this product, I think sometime in the second week in December you'll see our contract out for listing," Terry Duffy, chairman and CEO of CME, said Monday on CNBC's "Power Lunch." CME announced on Oct. 31 it would launch bitcoin futures by the end of the year, pending regulatory review. The futures contract will be cash-settled according to the daily settlement price of the CME CF Bitcoin Reference Rate (BRR), which ... (full story)