Cboe Global Markets has decided to stop adding new bitcoin derivitives.
div > div.group > p:first-child"> Cboe Global Markets, which rolled out the first bitcoin futures contracts in December 2017, has decided to stop adding new ones, according to a statement from the exchange last week. The Cboe Futures Exchange, or CFE, said it will not add new bitcoin futures in March. It did not rule out the possibility of other cryptocurrency derivatives, though, and"is assessing its approach" for how it plans to continue.
Futures are a way for investors to bet on whether the price of a commodity — in this case bitcoin — will rise or fall. The contracts expire each month, meaning an exchange has to continuously keep listing more if it wants to keep the market alive.
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