Wall Street is diving into Bitcoin futures trading offers.
All the latest wall street Bitcoin focus has been on announcements from CME Group, the Chicago/New York firm with over $3 Billion in annual revenue that will jump in on December 18th.
In a surprising move - a rival firm, CBOE, announced today they'll be offering Bitcoin futures starting December 10th!
CBOE is roughly 1/3 the size of CME Group, the world's largest player in futures.
Today in a press release CBOE stated:
CBOE Futures Exchange, LLC (CFE) plans to launch trading in Cboe bitcoin futures at 5:00 p.m. Central Time on December 10 under the ticker symbol "XBT". This brings many benefits to traders, including transparency, efficient price discovery, deep liquidity and centralized clearing. XBTSM futures provides a centralized marketplace for participants to trade based on their view of bitcoin prices, gain exposure to bitcoin prices or hedge their existing bitcoin positions.
CBOE is encouraging their clients to either "trade based on their outlook" of Bitcoin's future, or "Hedge their Bitcoin risks".
Other notable current blockchain crypto players in the stock market include GBTC, RIOT, MARA, ONL, BLOC, HIVE, UBIA, and Overstock - OSTK - which accepts cryptocurrency in its online store.
