It is a new horizon for Bitcoin. Bitcoin futures will be launched this month and this is very welcomed news. However, our previous estimate for the launch date of December 11th has been nullified.

December 11 had been previously cited as the date by CME Group (NASDAQ:CME) for which bitcoin futures would launch, however just a few minutes ago said it’s completed work with the CFTC and market participants, and Bitcoin futures will begin trading on Globex on Sunday evening, Dec. 17 (trade date Dec. 18). This has some implications

CBOE Global (NASDAQ:CBOE) announces its filing with the CFTC for Bitcoin futures, and will soon set a launch date.

Bitcoin this morning is back above $10K, up 3.8% to $10,336. We think it run higher today on the back of bitcoin futures now having a solid date.

 

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