‘More To Come’ After Bitcoin Futures Launch: Cboe CEO
The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.
It may take U.S. regulators a bit longer to warm to the idea of a proliferation of products and securities related to digital currencies, but Cboe Chief Executive Ed Tilly said this weekend’s debut should support progress toward that.
“We will be building confidence in the coming months, and stay tuned, there are more to come,” he said. Chicago-based Cboe operates markets in options, futures, equities and currencies.
The most-active contract exhibited the volatility that has become bitcoin’s hallmark, surging 20 percent at one point to trigger a five-minute trading halt.
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