The company, initially paving the way to Bitcoin futures, “handed over” digital assets.
Cboe Global Markets, which launched Bitcoin’s first futures in December 2017, decided not to issue new contracts. In a recent statement, the Cboe Futures Exchange said it would not add any new futures in March. Current active Bitcoin futures are still available for trading, but the latter are running out in June.
This action by Cboe shows the cool cool enthusiasm around Bitcoin after we witnessed Bitcoin in style – the Dutch tulips – mania.
The Cboe were not the only ones who tried to capitalize on the craze of Bitcoin. The CME Group also debuted its own Bitcoin treaties, also denominated in US dollars.
Trader Martin Nikolov