Bitcoin makes debut on futures market
The first-even bitcoin future began trading Sunday as the increasingly popular virtual currency made its debut on a major US exchange.
The futures contract that expires in January rose from $15,460 to $16,000 in its first hours of trading on the Chicago Board Options Exchange.
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.
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