The launch on the Cboe futures exchange has given an extra kick to the currency’s scorching run this year. The futures launch has so far received a mixed reception from leading banks and brokerages in the US and elsewhere. Several online brokerages including Charles Schwab and TD Ameritrade will not allow the trading of the bitcoin futures for now. Goldman Sachs on Thursday said it was planning to clear bitcoin futures for certain clients. Analysts, however, warn that much of how the futures market will react is a mystery, given that bitcoin is unlike other assets.

Source: The Guardian December 10, 2017 15:20 UTC