The first-even bitcoin future trading began on Sunday as the newest way to bet on the increasingly popular virtual currency made its debut on a major US exchange. Futures are a type of contract in which a buyer and a seller agree on a price for a particular item to be delivered on a certain date chris dunn bitcoin exchange the future, hence the name.
15,800 in the first hour and 15 minutes of trading on the Chicago Board Options Exchange. 15,460, according to data from the CBOE. The CBOE futures don’t involve actual bitcoin. They’re securities that will track the price of bitcoin on Gemini, one of the larger bitcoin exchanges. The start of trading at 5pm CST overwhelmed the CBOE website.