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CBOE beats CME to bitcoin futures launch with Dec. 10 start


(Reuters) - Cboe Global Markets Inc will launch its bitcoin futures contract on Dec. 10, just over a week ahead of rival CME Group Inc, as the exchange operator takes the next step toward launching an exchange-traded fund based on the digital currency.Bitcoin's price has soared tenfold this year, prompting many market participants to warn of a bubble as it topped $11,000 for the first time last week.Bitcoin futures and other derivatives would make it easier for more investors and speculators to trade the new asset class. Cboe's bitcoin futures contract will trade under the ticker symbol 'XBT' ...

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First Published: Mon, December 04 2017. 21:48 IST