Will the SEC allow the first US bitcoin futures exchange-traded fund?

The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter.

What time will bitcoin futures go live?

Despite the (well-founded) protests of JPMorgan, Citigroup and other Wall Street brokers, bitcoin futures are set to go live Sunday evening at 6:00 p.m. EST on the Cboe Futures Exchange (CFE). Next Sunday, December 17, the CME Group (CME) is expected to launch its own bitcoin futures.

How to trade Bitcoin futures on Chicago Mercantile Exchange?

Trading on the Chicago Mercantile Exchange, investors can go through brokers to purchase and sell these futures contracts. You can use the theoretical formula to make a simple calculation of the futures price from the spot price of Bitcoin. Bitcoin is highly susceptible to volatility, which can have a drastic impact on prices.

What are the major issuers of bitcoin futures contracts?

In the traditional financial markets, there are two major issuers of bitcoin futures contracts in particular: CME Group and Bakkt. The ones with the largest market, i.e. the largest trading volumes, are certainly those of the CME Group, which are traded on the world’s largest derivatives exchange, the Chicago Mercantile Exchange (CME).