Here come CME bitcoin futures: What you need to know
From marketwatch.com
After a week of slow but steady trading on Cboe Global Markets, a new player is set to enter the bitcoin futures market on Monday. CME Group Inc. CME, +0.43% the world’s largest futures exchange, is set to introduce its bitcoin contract, trading under the symbol “BTC.” Cboe January bitcoin futures XBTF8, +7.68% settled at $18,105 on Friday, a daily gain of 8% and a rise of around 21% from the contract’s opening trade at $15,000 on Sunday evening. Cboe CBOE, +0.25% said 1,515 January contracts changed hands Friday. Cryptocurrency enthusiasts contend the introduction of futures trading will attract institutional and ...
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