CBOE Bitcoin Futures Start Trading in Thin Liquidity

[kreslik.news]

The much-anticipated futures contract for Bitcoin started trading today. The CBOE’s CFE market started offering the traditional financial instrument in the early Asian hours. Despite the widely hyped launch, market participants appear to be mainly from the retail space.

Institutional investors are staying out of the market amid increasing worries about the clearing of the contract. The CBOE’s Bitcoin futures contract which is priced off of a single auction at 21:00 GMT on the final settlement date of the Gemini crypto exchange is seeing mixed interest.
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Playback of first 4 hours of trading on #XBT_F@CBOEread more)