Bitcoin futures volume spike as cboe waits on ETF decision! – Bitcoints

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Published on July 12th, 2018 | by bitcoin

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Bitcoin futures volume spike as cboe waits on ETF decision!

Bitcoin futures volume spike as cboe waits on ETF decision!Cboe has been selling between 2500-18,000 bitcoin futures contracts per day.
CME Group’s bitcoin futures volumes are usually less than Cboe’s trade volume but contracts sold on Globex have also spiked.
With the steady trend of investors getting into bitcoin-based futures products, Cboe hopes these derivatives markets will pave the way towards a bitcoin ETF.
The Fate of the Cboe Bitcoin ETF Will be Decided August 10 — Will the Futures Markets Launch Affect the SEC’s Decision?
With the bitcoin futures volume spikes, there’s been a lot of action within these regulated market settings and investors seem to want these products — And some people think a bitcoin ETF should naturally follow.

Source: News.bitcoin.com

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