The Cboe Backs Away From Bitcoin Futures

The Cboe Backs Away From Bitcoin Futures

Cboe Futures Exchange (CFE) announced that they wouldn't launch new Bitcoin futures this month.

As per the statement, Cboe Futures Exchange, LLC or CFE, which adds the contracts, is re-evaluating how to approach trading of digital assets. - CFE analyzes its own approach in the context of how it will provide the opportunity to trade derivatives of digital assets.

Meanwhile, the existing Bitcoin futures will remain available for trading, which means that the most recent contract XBTM19 will expire in June 2019. The product from CBOE consistently generated less than half the volume that competitor CME Group's Bitcoin futures generated.

So readers, what do you think about CBOE holding Bitcoin futures in March? share your opinion with us.

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It was the first exchange to introduce Bitcoin futures in the market, a move that was warmly welcomed by crypto enthusiasts as the value of Bitcoin soared towards $20,000 after the listing.

What is your opinion on the CBOE Bitcoin (BTC) futures delisting?

Anyone buying the contract back in December 2017 was getting in at the peak of the crypto bubble.

However, throughout 2018, the U.S. Securities and Exchange Commission (SEC) has rejected or delayed several Bitcoin ETF proposals from a variety of investment firms, leading many to wonder whether the SEC is simply playing hardball or is genuinely unsatisfied with current proposals. Need it colder! Lately, all-time high Bitcoin volume. However, this expired last month February, so will be interesting how the volume plays out over next few months"The CBOE capitulating is one of the most trend reversal things I've ever heard, and if it hasn't happened already the bottom is very close to in".

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