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Thank you for that – be interesting how they fare – low volumes so far – my thought is majority of people will stay away wanting anonymity. Though more Gox like thievery like we had in Korea this week may bring a few on board.
Time for a crypto category 🙂
Well that didn’t last long … CBOE says will wind down bitcoin futures after their June contract expires. After initial headlines saying CME would too I see only news that CME says business as usual. So perhaps a news agency jumped the gun there (very OPEC like).
Of note CME’s contract has historically seen more trading volume. CME bitcoin futures’ 30-day average volume is more than four-times larger than Cboe’s.
The Cboe Futures Exchange, or CFE, said it will not add new bitcoin futures in March. It did not rule out the possibility of other cryptocurrency derivatives, though, and “is assessing its approach” for how it plans to continue.
“CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading,” the company said in its notice to investors.
In the meantime, active bitcoin contracts are still available to trade. But the last of those expires in June.
Contacted by CoinDesk Friday, a spokesperson for CME said the exchange has “no changes to announce re our bitcoin futures contract” and declined to comment on Cboe’s pullback.
With the Bitcoin Bounce CME Bitcoin futures Hit all-time record volume high of 33.7k contracts
Today as the stockmarkets took a beating bitcoin futures futures hit a record high in trading volume. The rise is two part, the rise in the past month or so in bitcoin’s price and the number of scams that have continued in the unregulated bitcoin so called ‘exchanges’.
CME Bitcoin futures all-time record high of 33.7K contracts on May 13 was 50% higher than the previous record set on April 4.
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