Bitcoin Futures Could Open the Floodgates for Institutional Investors

Re:Bitcoin Futures Could Open the Floodgates for Institution... by kgwgk on Tuesday October 31, 2017 @06:01PM (#15596976)

They don't need to replicate anything, they just need to match buyers and sellers.

[ Parent | on HN ]

Re:Bitcoin Futures Could Open the Floodgates for Institution... by bob_theslob646 on Tuesday October 31, 2017 @07:26PM (#15597603)

Maybe replicating was too strong of word

What I meant was, how they plan on "replicating", constructing the index value ,in which ,they( the CME) will base the value of bitcoin to be.

CNBC stated that it is a weighted average of 4 index's in the video, but could not find anything of the sort in the article (https://www.cnbc.com/2017/10/31/cme-plans-to-launch-bitcoin-...)

[ Parent | on HN ]

Re:Bitcoin Futures Could Open the Floodgates for Institution... by kgwgk on Tuesday October 31, 2017 @07:53PM (#15597783)

The press release gives some details. The exchanges are Bitstamp, GDAX, itBit and Kraken.

[ Parent | on HN ]