Cboe's about-face on bitcoin futures doesn't mean institutions aren't interested in crypto derivatives
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Quick Take
- Cboe said last week it was pulling the plug on bitcoin futures
- The news, to be clear, has more to do with competitive pressures than a decline in interest from institutions
There’s nothing like harking back on the halcyon days of the Cboe bitcoin futures launch in December 2017. Then, market observers said the launch, which was closely followed by the roll-out of CME’s bitcoin futures product, would lure in a massive wave of institutional capital from investors looking to trade in the market, but who […]
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