Bitcoin Futures traded on the Chicago Mercantile Exchange!

in #bitcoin7 years ago

The Chicago Mercantile exchange will be offering Bitcoin futures trading by the end of 2017!

https://cointelegraph.com/news/bitcoin-all-time-highs-keep-coming-as-bloomberg-says-it-is-now-legit

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Bitcoin smashed $6,600 reaching new all time highs on the news. This move being called the "influx of wall street money" we have all been waiting for, it also gives legitimacy to bitcoin in the eyes of traditional investors.

id put some funds in the bitcoin futures exchange, BTC has only increased 6 fold so far this year :) Investors rejoice!

Unfortunatly the Bitcoin ETF (exchange traded fund) continues to get shot down although Bloomberg says ETF is the next step after futures trading

https://www.bloomberg.com/news/articles/2017-10-31/bitcoin-etfs-loom-as-derivatives-pave-way-for-big-investors

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