Andreas M. Antonopoulos Shares Insights on Bitcoin CME Futures

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There has been much speculation on the effect CME and CBOE bitcoin futures will have on bitcoin. Some fear bitcoin futures will give institutional investors the ability to short bitcoin at volumes the community has never seen before and will cause a massive price crash. Others think that the massive inflow of institutional money will push bitcoin prices to heights beyond the community’s imagination. In response, Andreas has come forward with a presentation on how bitcoin prices are determined on CME futures.

Also read: CFTC Regulator: Bitcoin Futures are a “Unique Animal” Capable of Price Manipulation

The Andreas Connection
Andreas Antonopoulos is a Greek-British, bitcoin thought leader who has been an early advocate of bitcoin since 2012. Around 9 months ago, Andreas took a position on the oversight board of the Chicago Mercantile Excange & Chicago Board of Trade (The CME Group Inc.) for bitcoin reference rates. The CME Group is an American financial market company operating an options and futures exchange that is listing bitcoin futures on December 18th. Andreas’s role in the oversight committee is to oversee which bitcoin exchanges are used to pull pricing data that will be used to determine the current bitcoin price on the CME futures.