As promised, the CBOE launched the world's first Bitcoin futures on December 10th at 15 p.m. Central Standard Time (CST). The first BTC futures trading session started at 15000 USD/BTC. Within the first couple of minutes, there were 150 transactions processed. Over the first 20 minutes, the exchange rate increased up to 15940 USD/BTC. Lateron, itwenttemporarilyupto 16600 USD/BTC.
The interest in BTC futures has been huge and constantly rising ever since the derivatives were launched. This is confirmed by the recent tweet left on the CBOE’s official Twitter:
As of today's morning, the weighted average BTC exchange rate is 16829 USD/BTC according to Coinmarketcap. Over the last 24 hours, Bitcoin has gained almost 23%, thereby pushing its market cap all the way up to 281 billion dollars, NordFx reports.
This was a strong start, and it seems to have been contributing to the entire global market of cryptocurrencies. Over the last 24 hours, all of the TOP 15 cryptocurrencies in terms of market cap have appreciated. Bincoin Golg gain most of all – almost 35%.
The CME and Tokyo exchange are the next exchanges to launch their Bitcoin futures. All in all, the BTC futures launch seems to suit institutional investors’ interests, which means that really big players are about to join in.
