Summary: the first bitcoin futures contract on the Cboe expired

Summary: the first bitcoin futures contract on the Cboe expired

The first contract on the bitcoin-futures exchange, the Cboe, has expired on Thursday, just as the day when the price of bitcoin fell below $ 10,000.

First bitcoin futures appeared in the December on the stock exchange the Cboe. Although the opening day was not without problems, the price eventually rose above 15.000$.

According to CNBC, the price of the contract amounted to F8 11.055 $ that is a notable achievement, given that in the same day, the price of bitcoin fell below 9.5 thousand dollars.

According to Cboe, the prices of the contracts G8 (expires 2/14) traded slightly below the market, and on the official website of the exchange price equals 11.220$.

According to Bloomberg, Cboe may in the future create products based on other cryptocurrencies, but it can occur not earlier than several months after the successful operation of futures products.

Speaking to reporters, CEO ed Tilly said that as a result the product will appear similar to ETFs, but only if the regulators clearly won’t mind.

Before you get to the mainstream exchange-traded products, there are a number of procedures before it will make sense for regulators. This path is inevitable for these products have become really popular.

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