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Bitcoin Futures Trading Announced

Posted by Thomas DeMichele on November 4, 2017 in News

On Oct. 31st it was announced that the CME group plans to offer Bitcoin futures trading. The CME group operates a popular global exchange for options and futures trading.^[1]

In other words, Bitcoin future trading is set to begin in the fourth quarter of 2017 on a more traditional stock exchange for the first time (pending all relevant regulatory review periods).

This news contributed to Bitcoin’s recent rise in value, as did the upcoming Segwit2x fork.

FACT: Price data will be taken from bitcoin exchanges and trading platforms including Bitstamp, GDAX, itBit and Kraken. Bitcoin futures are currently traded on the BitMEX derivatives exchange and elsewhere.

Article Citations

Bitcoin surges to record above $6,400 after CME announces launch of futures for digital currency

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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