New CME Bitcoin Options Spark ‘Unusually Strong Activity’ — JPMorgan

in dlike •  5 years ago 

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Today i have shared  The events mark a contrast to the December launch of options from CME competitor, Bakkt, the analysts added, with volumes for that product staying “rather small. Overall, interest in Bitcoin futures has traditionally taken a long period to gather momentum. As Cointelegraph noted, Bakkt’s own launch in September mirrored CME’s debut in December 2017, both preceding an extended period of low volume. The start of futures trading further came in advance of a Bitcoin price drop, the absence of which could distinguish next week’s options launch. Thanks for reading. 


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