2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance

2017 was the year in which Bitcoin and cryptocurrencies went mainstream.
Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks in 2018. The Chicago Board Options Exchange (Cboe) and CME Group, the two largest futures exchanges in the world, successfully launched Bitcoin futures trading last month.
The New York Stock Exchange (NYSE), the biggest stock market in the world in terms of daily trading volume, has applied two launch two Bitcoin-related exchange-traded funds (ETFs). Cboe has applied to launch six such ETFs themselves. Bitcoin futures are strictly regulated investment vehicles that can provide institutional investors and high profile individual investors immediate access to the Bitcoin market. Bitcoin ETFs, on the other hand, will provide easy access to Bitcoin for retail investors and some classes of institutions that do not trade on the futures market.