(Reuters) - The online brokerage firm E*Trade Financial Corp will allow customers to trade bitcoin futures from Cboe Global Markets Inc , the company said on its website Wednesday, joining its rivals in opening the door for more mainstream adoption of the cryptocurrency.
Cboe's bitcoin futures contract <0#XBT:> trades under the ticker symbol 'XBT'.
The launch of futures by Chicago-based exchange Cboe and its rival CME Group Inc a week earlier, had been hailed by many as the moment that bitcoin reached the investment mainstream.
Cboe and CME were given approval from the Commodity Futures Trading Commission to list bitcoin futures on Dec. 1, paving the way for the companies to become the first traditional U.S.-regulated exchanges where bitcoin-related financial contracts can trade.
(Reporting by Sonam Rai in Bengaluru; Editing by Lisa Shumaker)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
