Chicago Board Options Exchange to Launch Bitcoin Futures, Announces SpecificsThe Chicago Board Options Exchange (CBOE) has released its new Bitcoin derivative contract specifications in late November 2017, with the product itself to be introduced in the market in the next few weeks. With the move, the exchange follows other financial institutions in introducing Bitcoin futures products.
The CBOE will use the XBT ticker for its new products. The ticker is exactly the same as the one being used by Bitcoin exchange Kraken in its platform. It is also expected that CBOE will introduce different types of contracts in the near future in its bid to secure a major market share quickly. The product launching, however, will be mainly dependent on the performance of its new products.
https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specificsIt seems that big players prepare the terrain for entry in
BTC,and some who are very critical now slowly changing their opinion.Some think that
BTC futures will be good for
BTC only short term,others think that this will be the main factor which will boost
BTC price up.In any case we can only wait and see how good or bad this will be.
