The largest U.S. options provider, the Chicago Board Options Exchange (Cboe), is set to launch its bitcoin-based futures products today at 6 pm EDT. Currently, investors and speculators are interested in what will happen when the derivatives products launch, because at the moment there are no open standards for this type of cryptocurrency-based investment vehicle.Cboe is planning to launch its bitcoin derivatives product. It’ll be sold under the ticker XBT. Many people are wondering how this will impact current spot markets and the bitcoin economy as a whole. So far the price has spiked quite a bit, and many speculators believe the favorable price is due to the upcoming futures markets. No one can really predict right now how these derivatives markets will affect spot markets, but we can tell you what to expect this week.
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