Bitcoin futures are next after being offered as swaps, options
Derivatives will pave the way for ETFs, although analysts say regulatory approval may take 6-12 months
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Chicago
INSTITUTIONAL investors drooling over the returns from bitcoin but barred from buying it will soon have their chance in the futures market and, eventually, exchange-traded funds (ETFs).
CME Group Inc, the world's largest exchange, said on Tuesday that it plans to introduce bitcoin futures by the end of the year, following fellow Chicago exchange Cboe Global Markets Inc, while a startup, LedgerX, offers swaps and options.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
