Bitcoin Futures Trading To Start Even Sooner; These Brokers Are Ready
CBOE Global Markets said Monday that Bitcoin futures trading will start this coming weekend, and Riot Blockchain (RIOT) scored an investment for a digital currency exchange.
X According to exchange operator CBOE (CBOE), Bitcoin futures will trade under the ticker "XBT" starting Dec. 10 and trading will be free through the end of the year. That gives CBOE a week of exclusivity, Bloomberg noted, as its bigger rival CME Group (CME) said last week its bitcoin futures contracts will start trading Dec. 18.
Cboe Futures Exchange plans to offer trading in bitcoin futures beginning at 5 p.m. CT on Dec. 10 at the start of Global Trading Hours. See the press release, https://t.co/dNPUXcZgzv #bitcoin $XBT pic.twitter.com/ciexv3OVoI
— Cboe (@CBOE) December 4, 2017
U.S. regulators gave the go-ahead to both exchanges to list the virtual currency last week.
TD Ameritrade (AMTD) and Ally Financial (ALLY) plan to make bitcoin futures contracts available to customers, Bloomberg reported. However, Fidelity currently has no such plans and other major firms declined to comment.
Bitcoin was up 1.2% at $11,314.33 Monday, according to Coindesk. CME shares were up 0.4% on the stock market today, setting a fresh all-time high of 153.74 intraday. CBOE also pegged an all-time high of 127.78 before reversing lower.
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In another sign Monday of bitcoin's fast-growing appeal and potential legitimacy, Riot Blockchain said its Coinsquare holding won an investment of 10.5 million Canadian dollars ($8.3 million) from "a prominent global asset manager" with over a trillion dollars in assets under management.
The valuation of Coinsquare, a Canadian digital currency exchanges, has now tripled since Riot's September investment, Riot said in a statement.
Also on Monday, reports emerged that Blockstack's initial coin offering (ICO) has officially closed, raising $50 million through the sale of 440 million tokens. Union Square Ventures and the Winklevoss brothers' Winklevoss Capital count among the prominent investors.