Bitcoin Futures

A futures contract is a contract that allows a seller to place a leveraged bet on whether the price of the underlying asset will move higher or lower before the contract expires obliging the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. These types of contracts are standardized to allow for trading on a futures exchange.

It is important to differentiate between options and futures. The first type of the financial relations give the holder the right (not obligation) to buy or sell the asset at expiration date, but when it comes to futures the holder is obligated to fulfill the terms of the contract.

Bitcoin futures contract is no different from ordinary contracts of the kind excerpt that “digital character” of the underlying asset.

Bitcoin futures are cash settled, meaning no bitcoins actually change ownership when a contract expires, which allows large investors to put their money into bitcoin without actually buying it. The instrument allows traders to speculate the digital currency’s price, which may go up or down in one, two or three months.

CBOE became the first exchange to introduce bitcoin futures and offer an opportunity for investors to embrace the digital currency market via a regulated platform.

A debut of bitcoin futures took place on the Chicago Board Options Exchange (CBOE) on Sunday, December 10 with more than 800 contracts secured in the first two hours since the start of trading. This contributed greatly to the bitcoin futures’ price surge, which gained 25% in the first day.

Another major exchange, the Chicago Mercantile Exchange (CME), is planning to trade bitcoin futures starting on December 18 next week. NASDAQ has also unveiled its plans to launch futures contracts in January, 2018.

March 15th, 2018

Coinfloor, the UK-based exchange, will offer its users bitcoin futures contracts through a trading platform dubbed CoinfloorEX. The first physically delivered contract launches in April this year.

March 15th, 2018

The overall cryptocurrency markets have corrected heavily in the last 24 hours as the crypto markets valuations have dropped to $310 billion.

February 28th, 2018

Bob Fitzsimmons, expert in the sphere of futures, managing director and head of Wedbush Futures, shares his perspective on Bitcoin futures and digital-market potential.

February 1st, 2018

Some experts call it “healthy fall”and blame numerous governmental restrictions for the Bitcoin slide while many investors try to get rid of the cryptocurrency by all means.

February 1st, 2018

Square’s Cash App will incorporate Bitcoin trading facility at zero commission charges.

January 30th, 2018

While the market continues to achieve new record highs, it’s becoming more and more challenging for ordinary, esp. novice investors to make a profit.

Morgan Stanley Starts Clearing Bitcoin Futures
January 19th, 2018

The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.

January 18th, 2018

Two major cryptocurrencies show the signs of recovery after last-week’s market crashdown. The third largest, Ripple, also gains pace with 68% growth.

January 8th, 2018

The New York Stock Exchange wants to launch new Bitcoin-related exchange-traded funds (ETF) on Arca. If the SEC approves it, NYSE will become the third American exchange to offer Bitcoin futures contracts.

January 5th, 2018

At the end of 2017, there come several hottest trends in the cryptocurrency world that are existing to track down.

January 3rd, 2018

New York-based corporation, which is already trading CBOE bitcoin futures, now offers its clients one more opportunity to invest in bitcoins.

December 23rd, 2017

The race for Bitcoin Exchange Traded Funds (ETFs) heats up as CBOE has filed for 6 ETFs with the SEC.

December 18th, 2017

On the very first day of launch, CME Bitcoin Futures contract open above $20000.