Bitcoin Futures launched by CME Group – Bitcoints

bitcoin

Published on November 13th, 2017 | by bitcoin

0

Bitcoin Futures launched by CME Group

Bitcoin Futures launched by CME GroupI’m really excited to see the CME go live with Bitcoin Futures in the next few weeks.
Many institutional investors aren’t able to buy Bitcoin for two reasons: custodianship and “headline risk”.
At the moment, if you want to buy Bitcoin, you either custody the Bitcoin yourself using a hardware or paper wallet or you keep it in an exchange.
It’s much easier for institutional investors to trust the CME and trust a product like futures which they understand.
This allows them to buy Bitcoin safely because it solves the custodianship issue (CME handles custody) and “headline risk” (they are buying from CME, a “storied institution”)  There are also two other future products launching: CBOE and LedgerX.

Source: Www.arilewis.com

Tags: , , , ,



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑