CSE Group is going to introduce Bitcoin Futures

On Friday, Bitcoin made a new record of $ 7,300 on the Luxembourg-based Bitstamp Exchange. So far the value of this asset has increased 7 times since the beginning of the year.
This cryptoconference was improved in the eighth month because CME Group, the world's largest derivative exchange operator, announced the launch of Bitcoin Futures in late 2007. Such an announcement was a surprise because only a month ago, CEO of this organization, Terrence Duffy, said that he does not expect the listing of Bitcoin Futures in a distant future. According to Duffy, the operators changed their thinking due to the high demand of Bitcoin based acetate.
CME Group followed another exchange operator, COBE Global Markets, which announced the idea of ​​launching Bitcoin options and is now awaiting the approval of the Commodity Futures Trading Commission (CFTC). CME group will also need the same thing.
Bitcoin swap and options have already been traded on LedgerX, a cryptococarrency trading platform, which has recently been registered to CFCs, as the basis for the installation of digital currency derivatives contracts.
This move of COBE Global Markets and CME Group has established credibility for Bitcoin. The official reception of the cryptococcensis is slow, but it is definitely increasing.
It is clear that Wall Street is interested in bitcoin. Bitcoin Futures, which will be traded in the CME Group, will bring much value to many active market players. Traders will be able to use market-neutral strategy and will be able to practice high-frequency trade. At the same time, professionals who did not want to get involved with Bitcoin in the past, because of which the unregistered infamous exchange, finally they could join the market. With more options on the list, Bitcoin is determined to get more popularity.
Another strong incentive for large groups of investors to be involved with Bitcoin can be seen if the US Securities and Exchange Commission (SEC) sees a more friendly attitude towards Bitcoin. Until then, nothing like this could be seen. In March, the SEC rejected the Bitcoin ETF proposed by Winklevoss Brothers. The approval of the SEC is necessary for the acquisition of Bitcoin in the developed market and to develop in the global financial system.
The biggest problem is that many Bitcoin markets are unregulated. This step of the CME group is being considered as a stepping stone for Bitcoin, but it is still far away to attract the fundamental investor group.